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Analysts Offer Insights on Healthcare Companies: CureVac (CVAC), MoonLake Immunotherapeutics (MLTX) and Cara Therapeutics (CARA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on CureVac (CVACResearch Report), MoonLake Immunotherapeutics (MLTXResearch Report) and Cara Therapeutics (CARAResearch Report) with bullish sentiments.

CureVac (CVAC)

JMP Securities analyst Roy Buchanan reiterated a Buy rating on CureVac today and set a price target of $18.00. The company’s shares closed last Tuesday at $5.54, close to its 52-week low of $4.95.

According to TipRanks.com, Buchanan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -32.8% and a 22.1% success rate. Buchanan covers the Healthcare sector, focusing on stocks such as Arbutus Biopharma, Hookipa Pharma, and PolyPid.

Currently, the analyst consensus on CureVac is a Moderate Buy with an average price target of $15.67.

See the top stocks recommended by analysts >>

MoonLake Immunotherapeutics (MLTX)

Needham analyst Serge Belanger maintained a Buy rating on MoonLake Immunotherapeutics today and set a price target of $66.00. The company’s shares closed last Tuesday at $36.95.

According to TipRanks.com, Belanger is ranked 0 out of 5 stars with an average return of -5.6% and a 36.6% success rate. Belanger covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Collegium Pharmaceutical, and KalVista Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for MoonLake Immunotherapeutics with a $70.09 average price target, an 89.4% upside from current levels. In a report issued on November 1, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $74.00 price target.

Cara Therapeutics (CARA)

H.C. Wainwright analyst Oren Livnat reiterated a Buy rating on Cara Therapeutics today and set a price target of $7.00. The company’s shares closed last Tuesday at $1.06, close to its 52-week low of $1.03.

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.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cara Therapeutics with a $4.00 average price target.

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