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Analysts Offer Insights on Healthcare Companies: Altimmune (ALT) and Atricure (ATRC)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Altimmune (ALTResearch Report) and Atricure (ATRCResearch Report) with bullish sentiments.

Altimmune (ALT)

Piper Sandler analyst Yasmeen Rahimi maintained a Buy rating on Altimmune today and set a price target of $25.00. The company’s shares closed last Friday at $3.57, close to its 52-week low of $2.09.

According to TipRanks.com, Rahimi is a 3-star analyst with an average return of 1.8% and a 35.5% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Sagimet Biosciences, Inc. Class A, and Crinetics Pharmaceuticals.

Altimmune has an analyst consensus of Strong Buy, with a price target consensus of $16.00, implying a 178.7% upside from current levels. In a report issued on November 30, JMP Securities also reiterated a Buy rating on the stock with a $16.00 price target.

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

Atricure (ATRC)

Piper Sandler analyst Matthew O’Brien upgraded Atricure to Buy today and set a price target of $65.00. The company’s shares closed last Friday at $36.57, close to its 52-week low of $32.27.

According to TipRanks.com, O’Brien is a 4-star analyst with an average return of 4.7% and a 51.1% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Orchestra BioMed Holdings, Tandem Diabetes Care, and PROCEPT BioRobotics.

Currently, the analyst consensus on Atricure is a Strong Buy with an average price target of $55.00, which is a 55.5% upside from current levels. In a report issued on November 28, Needham also maintained a Buy rating on the stock with a $49.00 price target.

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