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Analysts Offer Insights on Healthcare Companies: Xeris Pharmaceuticals (XERS), Aclaris Therapeutics (ACRS) and Quanterix (QTRX)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Xeris Pharmaceuticals (XERSResearch Report), Aclaris Therapeutics (ACRSResearch Report) and Quanterix (QTRXResearch Report).

Xeris Pharmaceuticals (XERS)

In a report issued on January 11, Roanna Ruiz from Leerink Partners reiterated a Buy rating on Xeris Pharmaceuticals. The company’s shares closed last Friday at $2.77, close to its 52-week high of $3.07.

According to TipRanks.com, Ruiz ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -15.6% and a 33.0% success rate. Ruiz covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Enanta Pharmaceuticals, and Corcept Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xeris Pharmaceuticals with a $20.17 average price target, a 588.4% upside from current levels. In a report issued on January 4, Craig-Hallum also maintained a Buy rating on the stock with a $51.00 price target.

See the top stocks recommended by analysts >>

Aclaris Therapeutics (ACRS)

In a report issued on January 10, Thomas Smith from Leerink Partners reiterated a Hold rating on Aclaris Therapeutics. The company’s shares closed last Friday at $0.92, close to its 52-week low of $0.59.

According to TipRanks.com, Smith is a top 100 analyst with an average return of 31.7% and a 47.3% success rate. Smith covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Connect Biopharma Holdings, and Madrigal Pharmaceuticals.

Currently, the analyst consensus on Aclaris Therapeutics is a Hold with an average price target of $3.25, which is a 242.1% upside from current levels. In a report issued on January 10, Jefferies also downgraded the stock to Hold with a $1.00 price target.

Quanterix (QTRX)

Leerink Partners analyst Puneet Souda maintained a Buy rating on Quanterix on January 10. The company’s shares closed last Friday at $22.91.

According to TipRanks.com, Souda ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.3% and a 40.2% success rate. Souda covers the Healthcare sector, focusing on stocks such as AbCellera Biologics, Castle Biosciences, and Twist Bioscience.

Quanterix has an analyst consensus of Strong Buy, with a price target consensus of $31.00.

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