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Analysts’ Top Healthcare Picks: Aerovate Therapeutics (AVTE), Calidi Biotherapeutics (CLDI)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Aerovate Therapeutics (AVTEResearch Report), Calidi Biotherapeutics (CLDIResearch Report) and Mediwound (MDWDResearch Report) with bullish sentiments.

Aerovate Therapeutics (AVTE)

BTIG analyst Julian Harrison maintained a Buy rating on Aerovate Therapeutics yesterday and set a price target of $27.00. The company’s shares closed last Tuesday at $14.50.

According to TipRanks.com, Harrison is a 1-star analyst with an average return of -3.2% and a 31.8% success rate. Harrison covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Rani Therapeutics Holdings, and Mereo Biopharma Group Plc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aerovate Therapeutics with a $37.50 average price target, implying a 163.2% upside from current levels. In a report issued on November 13, TD Cowen also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Calidi Biotherapeutics (CLDI)

In a report released today, Robert Burns from H.C. Wainwright initiated coverage with a Buy rating on Calidi Biotherapeutics and a price target of $11.00. The company’s shares closed last Tuesday at $1.70, close to its 52-week low of $1.50.

According to TipRanks.com, Burns is currently ranked with 0 stars on a 0-5 stars ranking scale, 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 Moderate Buy analyst consensus rating for Calidi Biotherapeutics with a $10.00 average price target, a 468.2% upside from current levels. In a report issued on November 15, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $9.00 price target.

Mediwound (MDWD)

H.C. Wainwright analyst Swayampakula Ramakanth maintained a Buy rating on Mediwound today and set a price target of $26.00. The company’s shares closed last Tuesday at $8.40.

According to TipRanks.com, Ramakanth has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -26.9% and a 19.6% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as ImmunoPrecise Antibodies, Janux Therapeutics Inc, and ALX Oncology Holdings.

Currently, the analyst consensus on Mediwound is a Strong Buy with an average price target of $25.33, which is a 197.6% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $25.00 price target.

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