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Analysts Offer Insights on Healthcare Companies: Codexis (CDXS), Leap Therapeutics (LPTX) and Sutro Biopharma (STRO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Codexis (CDXSResearch Report), Leap Therapeutics (LPTXResearch Report) and Sutro Biopharma (STROResearch Report) with bullish sentiments.

Codexis (CDXS)

Craig-Hallum analyst Matt Hewitt maintained a Buy rating on Codexis on January 17 and set a price target of $9.00. The company’s shares closed last Monday at $2.77.

According to TipRanks.com, Hewitt is ranked 0 out of 5 stars with an average return of -5.8% and a 41.6% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Streamline Health Solutions, Champions Oncology, and BioLife Solutions.

Currently, the analyst consensus on Codexis is a Moderate Buy with an average price target of $6.75, which is a 148.2% upside from current levels. In a report issued on January 18, Piper Sandler also maintained a Buy rating on the stock with a $10.00 price target.

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Leap Therapeutics (LPTX)

In a report issued on January 17, Joseph Catanzaro from Piper Sandler assigned a Buy rating to Leap Therapeutics, with a price target of $21.00. The company’s shares closed last Monday at $3.07.

According to TipRanks.com, Catanzaro is a 4-star analyst with an average return of 4.0% and a 38.4% success rate. Catanzaro covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Turnstone Biologics Corp., and Gracell Biotechnologies.

Currently, the analyst consensus on Leap Therapeutics is a Strong Buy with an average price target of $12.75, representing a 297.2% upside. In a report issued on January 2, Mizuho Securities also maintained a Buy rating on the stock with a $12.00 price target.

Sutro Biopharma (STRO)

Piper Sandler analyst Edward Tenthoff reiterated a Buy rating on Sutro Biopharma on January 17 and set a price target of $12.00. The company’s shares closed last Monday at $4.42.

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.

Sutro Biopharma has an analyst consensus of Strong Buy, with a price target consensus of $12.50, implying a 208.6% upside from current levels. In a report issued on January 5, H.C. Wainwright also maintained a Buy rating on the stock with a $16.00 price target.

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