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Analysts Have Conflicting Sentiments on These Healthcare Companies: Cogent Biosciences (COGT) and Moderna (MRNA)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Cogent Biosciences (COGTResearch Report) and Moderna (MRNAResearch Report).

Cogent Biosciences (COGT)

In a report released today, Colleen M. Kusy from Robert W. Baird downgraded Cogent Biosciences to Hold, with a price target of $8.00. The company’s shares closed last Friday at $7.44.

According to TipRanks.com, Kusy is a 4-star analyst with an average return of 4.8% and a 41.2% success rate. Kusy covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, Apellis Pharmaceuticals, and Iovance Biotherapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cogent Biosciences with a $14.13 average price target, representing a 59.7% upside. In a report issued on February 23, Wedbush also maintained a Hold rating on the stock with a $10.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Moderna (MRNA)

In a report released today, Rajesh Kumar from HSBC downgraded Moderna to Sell, with a price target of $86.00. The company’s shares closed last Friday at $96.46.

According to TipRanks.com, Kumar is a 4-star analyst with an average return of 13.5% and a 70.5% success rate. Kumar covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical, Thermo Fisher, and AstraZeneca.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Moderna with a $128.57 average price target.

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