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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Schrodinger (SDGR), Editas Medicine (EDIT) and MacroGenics (MGNX)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Schrodinger (SDGRResearch Report), Editas Medicine (EDITResearch Report) and MacroGenics (MGNXResearch Report).

Schrodinger (SDGR)

In a report released today, Scott Schoenhaus from KeyBanc maintained a Buy rating on Schrodinger, with a price target of $33.00. The company’s shares closed last Wednesday at $31.37.

According to TipRanks.com, Schoenhaus is a 4-star analyst with an average return of 10.0% and a 55.6% success rate. Schoenhaus covers the Healthcare sector, focusing on stocks such as AbCellera Biologics, GoodRx Holdings, and Veeva Systems.

Schrodinger has an analyst consensus of Strong Buy, with a price target consensus of $44.83, which is a 38.8% upside from current levels. In a report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $42.00 price target.

See the top stocks recommended by analysts >>

Editas Medicine (EDIT)

In a report released yesterday, Gena Wang from Barclays maintained a Hold rating on Editas Medicine, with a price target of $11.00. The company’s shares closed last Wednesday at $11.07, close to its 52-week high of $11.91.

According to TipRanks.com, Wang is a 5-star analyst with an average return of 11.0% and a 47.5% success rate. Wang covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Editas Medicine with a $15.67 average price target, implying a 53.0% upside from current levels. In a report issued on February 27, J.P. Morgan also maintained a Hold rating on the stock with a $9.00 price target.

MacroGenics (MGNX)

In a report released today, Peter Lawson from Barclays maintained a Buy rating on MacroGenics, with a price target of $23.00. The company’s shares closed last Wednesday at $17.19, close to its 52-week high of $18.85.

According to TipRanks.com, Lawson is a 5-star analyst with an average return of 11.9% and a 48.5% success rate. Lawson covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Springworks Therapeutics, and Iovance Biotherapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for MacroGenics with a $17.20 average price target.

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