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Analysts Offer Insights on Healthcare Companies: Morphic Holding (MORF) and Vertex Pharmaceuticals (VRTX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Morphic Holding (MORFResearch Report) and Vertex Pharmaceuticals (VRTXResearch Report).

Morphic Holding (MORF)

RBC Capital analyst Gregory Renza maintained a Buy rating on Morphic Holding on February 22 and set a price target of $76.00. The company’s shares closed last Monday at $35.65.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 17.7% and a 48.8% success rate. Renza covers the Healthcare sector, focusing on stocks such as Fusion Pharmaceuticals, Pacira Pharmaceuticals, and ACADIA Pharmaceuticals.

Currently, the analyst consensus on Morphic Holding is a Strong Buy with an average price target of $61.50, implying a 74.5% upside from current levels. In a report issued on February 22, TD Cowen also maintained a Buy rating on the stock.

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

Vertex Pharmaceuticals (VRTX)

In a report issued on February 22, Brian Abrahams from RBC Capital maintained a Hold rating on Vertex Pharmaceuticals, with a price target of $417.00. The company’s shares closed last Monday at $433.48, close to its 52-week high of $448.40.

According to TipRanks.com, Abrahams is a 5-star analyst with an average return of 10.1% and a 51.2% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, Karyopharm Therapeutics, and Sarepta Therapeutics.

Vertex Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $438.13.

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