There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Codexis (CDXS – Research Report) and Phathom Pharmaceuticals (PHAT – Research Report) with bullish sentiments.
Codexis (CDXS)
Craig-Hallum analyst Matt Hewitt assigned a Buy rating to Codexis today. The company’s shares closed last Thursday at $2.76.
According to TipRanks.com, Hewitt has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Codexis with a $6.00 average price target, which is an 119.0% 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.
See Insiders’ Hot Stocks on TipRanks >>
Phathom Pharmaceuticals (PHAT)
Needham analyst Joseph Stringer maintained a Buy rating on Phathom Pharmaceuticals today and set a price target of $26.00. The company’s shares closed last Thursday at $6.66, close to its 52-week low of $5.84.
According to TipRanks.com, Stringer is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Phathom Pharmaceuticals with a $22.75 average price target, implying a 234.6% upside from current levels. In a report issued on January 25, Craig-Hallum also assigned a Buy rating to the stock.
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 CDXS:
- seqWell and Codexis to Unveil Engineered Transposase Enzyme for Genomics Applications at AGBT General Meeting
- Codexis price target raised to $3 from $2 at TD Cowen
- Codexis enters into purchase agreement with Nestle Health Science for CDX-7108
- Codexis Announces Purchase Agreement with Nestlé Health Science for CDX-7108
- Codexis enters into pruchase agreement with Nestle Health Science for CDX-7108
