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Analysts Offer Insights on Healthcare Companies: ACADIA Pharmaceuticals (ACAD), Progyny (PGNY) and Protagonist Therapeutics (PTGX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on ACADIA Pharmaceuticals (ACADResearch Report), Progyny (PGNYResearch Report) and Protagonist Therapeutics (PTGXResearch Report) with bullish sentiments.

ACADIA Pharmaceuticals (ACAD)

In a report released today, Charles Duncan from Cantor Fitzgerald maintained a Buy rating on ACADIA Pharmaceuticals, with a price target of $42.00. The company’s shares closed last Tuesday at $26.36.

According to TipRanks.com, Duncan is a top 100 analyst with an average return of 26.8% and a 52.6% success rate. Duncan covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Axsome Therapeutics, and Cytokinetics.

ACADIA Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $35.18, a 35.1% upside from current levels. In a report issued on February 22, Mizuho Securities also maintained a Buy rating on the stock with a $40.00 price target.

See the top stocks recommended by analysts >>

Progyny (PGNY)

Cantor Fitzgerald analyst Sarah James maintained a Buy rating on Progyny yesterday and set a price target of $48.00. The company’s shares closed last Tuesday at $40.79.

According to TipRanks.com, James is a 5-star analyst with an average return of 12.4% and a 70.6% success rate. James covers the Healthcare sector, focusing on stocks such as Molina Healthcare, Tenet Healthcare, and Surgery Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Progyny with a $46.09 average price target, implying a 14.1% upside from current levels. In a report issued on February 26, Leerink Partners also initiated coverage with a Buy rating on the stock with a $49.00 price target.

Protagonist Therapeutics (PTGX)

Capital One Financial analyst Tim Chiang maintained a Buy rating on Protagonist Therapeutics today and set a price target of $48.00. The company’s shares closed last Tuesday at $29.59, close to its 52-week high of $30.10.

According to TipRanks.com, Chiang has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.7% and a 39.7% success rate. Chiang covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, Outlook Therapeutics, and Repare Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Protagonist Therapeutics with a $40.60 average price target, a 37.1% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $41.00 price target.

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