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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Avadel Pharmaceuticals (AVDL), Zymeworks (ZYME) and Aclaris Therapeutics (ACRS)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Avadel Pharmaceuticals (AVDLResearch Report), Zymeworks (ZYMEResearch Report) and Aclaris Therapeutics (ACRSResearch Report).

Avadel Pharmaceuticals (AVDL)

H.C. Wainwright analyst Oren Livnat reiterated a Buy rating on Avadel Pharmaceuticals today and set a price target of $21.00. The company’s shares closed last Friday at $10.66.

According to TipRanks.com, Livnat is a 1-star analyst with an average return of -2.6% and a 38.5% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Verrica Pharmaceuticals, Pacira Pharmaceuticals, and Tarsus Pharmaceuticals.

Currently, the analyst consensus on Avadel Pharmaceuticals is a Strong Buy with an average price target of $21.00, implying an 88.3% upside from current levels. In a report issued on November 9, Needham also maintained a Buy rating on the stock with a $19.00 price target.

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Zymeworks (ZYME)

H.C. Wainwright analyst Robert Burns reiterated a Hold rating on Zymeworks today and set a price target of $8.00. The company’s shares closed last Friday at $7.29.

According to TipRanks.com, Burns is ranked 0 out of 5 stars with an average return of -38.8% and a 14.0% success rate. Burns covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Springworks Therapeutics, and eFFECTOR Therapeutics.

The word on The Street in general, suggests a Hold analyst consensus rating for Zymeworks with a $9.00 average price target, implying a 28.8% upside from current levels. In a report issued on November 7, Leerink Partners also maintained a Hold rating on the stock with a $9.00 price target.

Aclaris Therapeutics (ACRS)

In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Buy rating on Aclaris Therapeutics, with a price target of $43.00. The company’s shares closed last Friday at $4.76, close to its 52-week low of $4.33.

According to TipRanks.com, Selvaraju is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.6% and a 27.9% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, Reviva Pharmaceuticals Holdings, and MoonLake Immunotherapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aclaris Therapeutics with a $28.67 average price target, which is a 491.1% upside from current levels. In a report issued on November 7, Leerink Partners also maintained a Buy rating on the stock with a $26.00 price target.

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