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Analysts Offer Insights on Healthcare Companies: Kymera Therapeutics (KYMR) and Allogene Therapeutics (ALLO)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Kymera Therapeutics (KYMRResearch Report) and Allogene Therapeutics (ALLOResearch Report) with bullish sentiments.

Kymera Therapeutics (KYMR)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on Kymera Therapeutics, with a price target of $30.00. The company’s shares closed last Thursday at $27.22.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 7.2% and a 50.6% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Deciphera Pharmaceuticals.

Currently, the analyst consensus on Kymera Therapeutics is a Moderate Buy with an average price target of $36.00, implying a 56.0% upside from current levels. In a report released yesterday, J.P. Morgan also upgraded the stock to Buy with a $34.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Allogene Therapeutics (ALLO)

In a report released today, Sami Corwin from William Blair maintained a Buy rating on Allogene Therapeutics. The company’s shares closed last Thursday at $3.39.

According to TipRanks.com, Corwin is a 4-star analyst with an average return of 14.9% and a 57.7% success rate. Corwin covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals, Poseida Therapeutics, and Century Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allogene Therapeutics with a $12.14 average price target.

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