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Analysts Offer Insights on Healthcare Companies: Alnylam Pharma (ALNY), Praxis Precision Medicines (PRAX) and SAB Biotherapeutics (SABS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Alnylam Pharma (ALNYResearch Report), Praxis Precision Medicines (PRAXResearch Report) and SAB Biotherapeutics (SABSResearch Report) with bullish sentiments.

Alnylam Pharma (ALNY)

In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Alnylam Pharma, with a price target of $395.00. The company’s shares closed last Friday at $189.38.

According to TipRanks.com, Trucchio has 0 stars on 0-5 stars ranking scale with an average return of -9.5% and a 31.8% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Longboard Pharmaceuticals, and Milestone Pharmaceuticals.

Currently, the analyst consensus on Alnylam Pharma is a Moderate Buy with an average price target of $233.83, which is a 22.9% upside from current levels. In a report issued on January 2, Bernstein also maintained a Buy rating on the stock with a $220.00 price target.

See the top stocks recommended by analysts >>

Praxis Precision Medicines (PRAX)

H.C. Wainwright analyst Douglas Tsao reiterated a Buy rating on Praxis Precision Medicines today and set a price target of $105.00. The company’s shares closed last Friday at $25.19.

According to TipRanks.com, Tsao is a 4-star analyst with an average return of 6.7% and a 42.7% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Crinetics Pharmaceuticals, and Protagonist Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Praxis Precision Medicines with a $135.25 average price target.

SAB Biotherapeutics (SABS)

In a report released today, Edward White from H.C. Wainwright reiterated a Buy rating on SAB Biotherapeutics, with a price target of $10.00. The company’s shares closed last Friday at $5.82.

According to TipRanks.com, White is ranked 0 out of 5 stars with an average return of -17.4% and a 29.7% success rate. White covers the Healthcare sector, focusing on stocks such as 60 Degrees Pharmaceuticals, Inc., Karyopharm Therapeutics, and Syndax Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SAB Biotherapeutics with a $6.50 average price target.

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