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Analysts Offer Insights on Healthcare Companies: Cellectar Biosciences (CLRB), Ionis Pharmaceuticals (IONS) and CVRx (CVRX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cellectar Biosciences (CLRBResearch Report), Ionis Pharmaceuticals (IONSResearch Report) and CVRx (CVRXResearch Report) with bullish sentiments.

Cellectar Biosciences (CLRB)

In a report released today, Jeff Jones from Oppenheimer maintained a Buy rating on Cellectar Biosciences, with a price target of $11.00. The company’s shares closed last Monday at $3.64, close to its 52-week high of $3.80.

According to TipRanks.com, Jones is a 1-star analyst with an average return of -1.6% and a 38.9% success rate. Jones covers the Healthcare sector, focusing on stocks such as Cyclacel Pharmaceuticals, Perspective Therapeutics, and AN2 Therapeutics, Inc.

Currently, the analyst consensus on Cellectar Biosciences is a Moderate Buy with an average price target of $9.00, which is a 153.5% upside from current levels. In a report issued on January 9, Maxim Group also assigned a Buy rating to the stock with a $7.00 price target.

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

Ionis Pharmaceuticals (IONS)

Needham analyst Joseph Stringer maintained a Buy rating on Ionis Pharmaceuticals today and set a price target of $60.00. The company’s shares closed last Monday at $51.47, close to its 52-week high of $54.44.

According to TipRanks.com, Stringer is a 1-star analyst with an average return of -2.5% and a 38.9% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Phathom Pharmaceuticals, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ionis Pharmaceuticals with a $55.71 average price target, representing an 8.7% upside. In a report issued on January 8, Wells Fargo also maintained a Buy rating on the stock with a $85.00 price target.

CVRx (CVRX)

In a report released today, Alexander Nowak from Craig-Hallum assigned a Buy rating to CVRx. The company’s shares closed last Monday at $26.55.

According to TipRanks.com, Nowak is a 2-star analyst with an average return of -0.4% and a 39.9% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, InfuSystem Holdings, Inc., and Accelerate Diagnostics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CVRx with a $29.50 average price target, implying a 9.2% upside from current levels. In a report issued on January 8, Canaccord Genuity also maintained a Buy rating on the stock with a $30.00 price target.

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