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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Clover Health Investments (CLOV) and Biomea Fusion (BMEA)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Clover Health Investments (CLOVResearch Report) and Biomea Fusion (BMEAResearch Report).

Clover Health Investments (CLOV)

In a report issued on December 1, Jason Cassorla from Citi maintained a Hold rating on Clover Health Investments, with a price target of $1.00. The company’s shares closed last Friday at $0.95.

According to TipRanks.com, Cassorla has 0 stars on 0-5 stars ranking scale with an average return of -17.2% and a 38.8% success rate. Cassorla covers the Healthcare sector, focusing on stocks such as InnovAge Holding, Universal Health, and Community Health.

Currently, the analyst consensus on Clover Health Investments is a Moderate Buy with an average price target of $1.33.

See the top stocks recommended by analysts >>

Biomea Fusion (BMEA)

In a report issued on December 1, Yigal Nochomovitz from Citi reiterated a Buy rating on Biomea Fusion, with a price target of $90.00. The company’s shares closed last Friday at $16.68.

According to TipRanks.com, Nochomovitz is a 4-star analyst with an average return of 7.7% and a 43.4% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Opthea Limited Sponsored ADR, Ultragenyx Pharmaceutical, and Apellis Pharmaceuticals.

Biomea Fusion has an analyst consensus of Strong Buy, with a price target consensus of $54.33, representing a 250.3% upside. In a report issued on November 22, Oppenheimer also maintained a Buy rating on the stock with a $70.00 price target.

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