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Analysts Offer Insights on Healthcare Companies: LifeMD (LFMD) and Coherus Biosciences (CHRS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on LifeMD (LFMDResearch Report) and Coherus Biosciences (CHRSResearch Report) with bullish sentiments.

LifeMD (LFMD)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on LifeMD, with a price target of $12.00. The company’s shares closed last Wednesday at $5.67.

According to TipRanks.com, Chen has 0 stars on 0-5 stars ranking scale with an average return of -23.3% and a 30.0% success rate. Chen covers the Healthcare sector, focusing on stocks such as OKYO Pharma Limited Sponsored ADR, Bausch + Lomb Corporation, and Barinthus Biotherapeutics.

Currently, the analyst consensus on LifeMD is a Strong Buy with an average price target of $10.75, implying an 81.3% upside from current levels. In a report issued on January 8, Craig-Hallum also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Coherus Biosciences (CHRS)

In a report released today, Douglas Tsao from H.C. Wainwright maintained a Buy rating on Coherus Biosciences, with a price target of $13.00. The company’s shares closed last Wednesday at $2.86, close to its 52-week low of $1.43.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 10.4% and a 44.4% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

Currently, the analyst consensus on Coherus Biosciences is a Strong Buy with an average price target of $11.57, a 288.3% upside from current levels. In a report issued on December 27, Citi also maintained a Buy rating on the stock with a $11.00 price target.

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