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Analysts Conflicted on These Healthcare Names: Legend Biotech (LEGN), Altimmune (ALT) and Apellis Pharmaceuticals (APLS)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Legend Biotech (LEGNResearch Report), Altimmune (ALTResearch Report) and Apellis Pharmaceuticals (APLSResearch Report).

Legend Biotech (LEGN)

Jefferies analyst Kelly Shi maintained a Buy rating on Legend Biotech yesterday and set a price target of $93.00. The company’s shares closed last Thursday at $59.05.

According to TipRanks.com, Shi is a 1-star analyst with an average return of -0.9% and a 36.6% success rate. Shi covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Centessa Pharmaceuticals, and Gracell Biotechnologies.

Currently, the analyst consensus on Legend Biotech is a Strong Buy with an average price target of $88.10, which is a 50.8% upside from current levels. In a report issued on January 3, RBC Capital also maintained a Buy rating on the stock with a $85.00 price target.

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

Altimmune (ALT)

In a report released yesterday, Roger Song from Jefferies maintained a Buy rating on Altimmune, with a price target of $35.00. The company’s shares closed last Thursday at $11.49.

According to TipRanks.com, Song is ranked 0 out of 5 stars with an average return of -22.7% and a 26.6% success rate. Song covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Acrivon Therapeutics, Inc., and Inovio Pharmaceuticals.

Altimmune has an analyst consensus of Strong Buy, with a price target consensus of $21.83, a 94.0% upside from current levels. In a report issued on January 8, JMP Securities also reiterated a Buy rating on the stock with a $25.00 price target.

Apellis Pharmaceuticals (APLS)

Wedbush analyst Laura Chico maintained a Hold rating on Apellis Pharmaceuticals today and set a price target of $60.00. The company’s shares closed last Thursday at $66.09.

According to TipRanks.com, Chico is a 2-star analyst with an average return of 0.0% and a 48.2% success rate. Chico covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and Longboard Pharmaceuticals.

Currently, the analyst consensus on Apellis Pharmaceuticals is a Moderate Buy with an average price target of $67.92, which is a -2.2% downside from current levels. In a report issued on January 8, Mizuho Securities also maintained a Hold rating on the stock with a $49.00 price target.

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