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Analysts Offer Insights on Healthcare Companies: Doximity (DOCS), RayzeBio, Inc. (RYZB) and Edgewise Therapeutics (EWTX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Doximity (DOCSResearch Report), RayzeBio, Inc. (RYZBResearch Report) and Edgewise Therapeutics (EWTXResearch Report).

Doximity (DOCS)

Truist Financial analyst Jailendra Singh maintained a Hold rating on Doximity on November 14 and set a price target of $28.00. The company’s shares closed last Thursday at $25.40.

According to TipRanks.com, Singh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.0% and a 26.3% success rate. Singh covers the Healthcare sector, focusing on stocks such as Privia Health Group, Hims & Hers Health, and GoodRx Holdings.

Doximity has an analyst consensus of Hold, with a price target consensus of $25.50, which is a 1.1% upside from current levels. In a report issued on November 6, Piper Sandler also maintained a Hold rating on the stock with a $21.00 price target.

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

RayzeBio, Inc. (RYZB)

Truist Financial analyst Robyn Karnauskas maintained a Buy rating on RayzeBio, Inc. on November 14 and set a price target of $29.00. The company’s shares closed last Thursday at $21.28.

According to TipRanks.com, Karnauskas is a 4-star analyst with an average return of 4.6% and a 48.7% success rate. Karnauskas covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Vertex Pharmaceuticals, and Bristol-Myers Squibb.

RayzeBio, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $31.33.

Edgewise Therapeutics (EWTX)

In a report issued on November 14, Srikripa Devarakonda from Truist Financial maintained a Buy rating on Edgewise Therapeutics, with a price target of $25.00. The company’s shares closed last Thursday at $6.35.

According to TipRanks.com, Devarakonda ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.3% and a 21.6% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as Scholar Rock Holding, Kymera Therapeutics, and Keros Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Edgewise Therapeutics with a $26.40 average price target, implying a 302.4% upside from current levels. In a report issued on November 9, RBC Capital also maintained a Buy rating on the stock with a $28.00 price target.

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