tiprankstipranks
Blurbs

Analysts’ Top Healthcare Picks: Ardelyx (ARDX), Generation Bio (GBIO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Ardelyx (ARDXResearch Report), Generation Bio (GBIOResearch Report) and NextCure (NXTCResearch Report) with bullish sentiments.

Ardelyx (ARDX)

Piper Sandler analyst Christopher Raymond maintained a Buy rating on Ardelyx on January 19 and set a price target of $12.00. The company’s shares closed last Monday at $8.55, close to its 52-week high of $9.38.

According to TipRanks.com, Raymond is a 4-star analyst with an average return of 4.6% and a 50.3% success rate. Raymond covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Deciphera Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ardelyx with a $12.25 average price target, which is a 46.7% upside from current levels. In a report issued on January 9, Citi also maintained a Buy rating on the stock with a $14.00 price target.

See the top stocks recommended by analysts >>

NextCure (NXTC)

Piper Sandler analyst Edward Tenthoff reiterated a Buy rating on NextCure on January 19 and set a price target of $3.00. The company’s shares closed last Monday at $1.13, close to its 52-week low of $0.98.

According to TipRanks.com, Tenthoff is a 4-star analyst with an average return of 6.4% and a 38.5% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as Milestone Pharmaceuticals, Arrowhead Pharmaceuticals, and Arvinas Holding Company.

Currently, the analyst consensus on NextCure is a Strong Buy with an average price target of $4.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ARDX:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles