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Analysts Offer Insights on Healthcare Companies: Amylyx Pharmaceuticals Inc (AMLX) and Nanosonics Limited (OtherNNCSF)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Amylyx Pharmaceuticals Inc (AMLXResearch Report) and Nanosonics Limited (NNCSFResearch Report).

Amylyx Pharmaceuticals Inc (AMLX)

In a report released today, Corinne Johnson from Goldman Sachs reiterated a Buy rating on Amylyx Pharmaceuticals Inc. The company’s shares closed last Monday at $17.56.

According to TipRanks.com, Johnson is a 4-star analyst with an average return of 13.1% and a 58.8% success rate. Johnson covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Springworks Therapeutics, and Intra-Cellular Therapies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amylyx Pharmaceuticals Inc with a $33.80 average price target, implying a 90.6% upside from current levels. In a report issued on February 23, H.C. Wainwright also maintained a Buy rating on the stock with a $42.00 price target.

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

Nanosonics Limited (NNCSF)

In a report released yesterday, Craig Wong-Pan from RBC Capital maintained a Hold rating on Nanosonics Limited, with a price target of $2.75. The company’s shares closed last Wednesday at $1.88, close to its 52-week low of $1.85.

According to TipRanks.com, Wong-Pan is a 1-star analyst with an average return of -1.1% and a 49.3% success rate. Wong-Pan covers the Healthcare sector, focusing on stocks such as Ramsay Health Care, Cochlear Limited, and Resmed.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Nanosonics Limited with a $2.46 average price target.

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