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Analysts’ Top Healthcare Picks: Hookipa Pharma (HOOK), Immunovant (IMVT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Hookipa Pharma (HOOKResearch Report), Immunovant (IMVTResearch Report) and Amicus (FOLDResearch Report) with bullish sentiments.

Hookipa Pharma (HOOK)

In a report issued on December 21, Andrew Berens from Leerink Partners maintained a Buy rating on Hookipa Pharma, with a price target of $4.00. The company’s shares closed last Friday at $0.72.

According to TipRanks.com, Berens is ranked 0 out of 5 stars with an average return of -3.1% and a 42.5% success rate. Berens covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Zentalis Pharmaceuticals, and Viracta Therapeutics.

Currently, the analyst consensus on Hookipa Pharma is a Strong Buy with an average price target of $5.88.

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Immunovant (IMVT)

Leerink Partners analyst Thomas Smith reiterated a Buy rating on Immunovant on December 20. The company’s shares closed last Friday at $41.48, close to its 52-week high of $44.70.

According to TipRanks.com, Smith is a top 100 analyst with an average return of 36.6% and a 47.3% success rate. Smith covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Connect Biopharma Holdings, and Madrigal Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Immunovant with a $49.92 average price target, which is a 27.4% upside from current levels. In a report issued on December 11, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $50.00 price target.

Amicus (FOLD)

In a report issued on December 20, Joseph Schwartz from Leerink Partners reiterated a Buy rating on Amicus, with a price target of $18.00. The company’s shares closed last Friday at $13.60, close to its 52-week high of $14.10.

According to TipRanks.com, Schwartz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.4% and a 42.8% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Crinetics Pharmaceuticals, and Mereo Biopharma Group Plc.

Currently, the analyst consensus on Amicus is a Strong Buy with an average price target of $19.71, representing a 48.2% upside. In a report issued on December 19, Morgan Stanley also upgraded the stock to Buy with a $20.00 price target.

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