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Analysts Offer Insights on Healthcare Companies: RxSight (RXST), TransMedics Group (TMDX) and Apellis Pharmaceuticals (APLS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on RxSight (RXSTResearch Report), TransMedics Group (TMDXResearch Report) and Apellis Pharmaceuticals (APLSResearch Report) with bullish sentiments.

RxSight (RXST)

J.P. Morgan analyst Robbie Marcus maintained a Buy rating on RxSight yesterday and set a price target of $40.00. The company’s shares closed last Monday at $39.02, close to its 52-week high of $40.60.

According to TipRanks.com, Marcus is a 5-star analyst with an average return of 14.0% and a 57.2% success rate. Marcus covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Inspire Medical Systems, and Treace Medical Concepts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for RxSight with a $37.75 average price target, which is a -4.3% downside from current levels. In a report issued on December 4, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $36.00 price target.

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

TransMedics Group (TMDX)

In a report released yesterday, Allen Gong from J.P. Morgan maintained a Buy rating on TransMedics Group, with a price target of $87.00. The company’s shares closed last Monday at $76.87.

According to TipRanks.com, Gong is a 1-star analyst with an average return of -5.1% and a 31.0% success rate. Gong covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Irhythm Technologies, and Glaukos.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TransMedics Group with a $86.80 average price target.

Apellis Pharmaceuticals (APLS)

J.P. Morgan analyst Anupam Rama maintained a Buy rating on Apellis Pharmaceuticals on December 15 and set a price target of $66.00. The company’s shares closed last Monday at $55.98.

According to TipRanks.com, Rama is a 4-star analyst with an average return of 4.2% and a 49.5% success rate. Rama covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Ultragenyx Pharmaceutical, and Springworks Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apellis Pharmaceuticals with a $67.31 average price target, a 28.5% upside from current levels. In a report issued on December 4, Bank of America Securities also upgraded the stock to Buy with a $85.00 price target.

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