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Analysts Have Conflicting Sentiments on These Healthcare Companies: Beam Therapeutics (BEAM), ACADIA Pharmaceuticals (ACAD) and Recursion Pharmaceuticals (RXRX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Beam Therapeutics (BEAMResearch Report), ACADIA Pharmaceuticals (ACADResearch Report) and Recursion Pharmaceuticals (RXRXResearch Report).

Beam Therapeutics (BEAM)

In a report released yesterday, Yanan Zhu from Wells Fargo maintained a Buy rating on Beam Therapeutics, with a price target of $75.00. The company’s shares closed last Tuesday at $45.07.

According to TipRanks.com, Zhu is a 5-star analyst with an average return of 22.2% and a 51.4% success rate. Zhu covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Crispr Therapeutics AG.

Currently, the analyst consensus on Beam Therapeutics is a Moderate Buy with an average price target of $51.90, which is a 30.6% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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

ACADIA Pharmaceuticals (ACAD)

In a report released yesterday, Tazeen Ahmad from Bank of America Securities reiterated a Hold rating on ACADIA Pharmaceuticals, with a price target of $33.00. The company’s shares closed last Tuesday at $26.36.

According to TipRanks.com, Ahmad is a 4-star analyst with an average return of 3.6% and a 52.5% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Ultragenyx Pharmaceutical, and Apellis Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACADIA Pharmaceuticals with a $35.35 average price target.

Recursion Pharmaceuticals (RXRX)

Needham analyst Gil Blum reiterated a Buy rating on Recursion Pharmaceuticals today and set a price target of $17.00. The company’s shares closed last Tuesday at $15.52, close to its 52-week high of $16.75.

According to TipRanks.com, Blum is a 4-star analyst with an average return of 8.4% and a 44.6% success rate. Blum covers the Healthcare sector, focusing on stocks such as Mereo Biopharma Group Plc, Crispr Therapeutics AG, and Rocket Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Recursion Pharmaceuticals with a $17.00 average price target.

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