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Analysts Have Conflicting Sentiments on These Healthcare Companies: Terns Pharmaceuticals (TERN) and Adicet Bio (ACET)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Terns Pharmaceuticals (TERNResearch Report) and Adicet Bio (ACETResearch Report).

Terns Pharmaceuticals (TERN)

In a report released today, Silvan Tuerkcan from JMP Securities maintained a Buy rating on Terns Pharmaceuticals, with a price target of $17.00. The company’s shares closed last Tuesday at $3.55, close to its 52-week low of $3.26.

According to TipRanks.com, Tuerkcan is a 1-star analyst with an average return of -1.4% and a 37.3% success rate. Tuerkcan covers the Healthcare sector, focusing on stocks such as Crispr Therapeutics AG, Taysha Gene Therapies, and Intellia Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Terns Pharmaceuticals with a $15.00 average price target.

See today’s best-performing stocks on TipRanks >>

Adicet Bio (ACET)

JMP Securities analyst Reni Benjamin reiterated a Hold rating on Adicet Bio today. The company’s shares closed last Tuesday at $1.18, close to its 52-week low of $1.10.

According to TipRanks.com, Benjamin is ranked 0 out of 5 stars with an average return of -15.9% and a 26.2% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Iovance Biotherapeutics, and Allogene Therapeutics.

Adicet Bio has an analyst consensus of Moderate Buy, with a price target consensus of $17.67, a 1302.4% upside from current levels. In a report issued on November 9, JonesTrading also maintained a Hold rating on the stock.

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