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Analysts Offer Insights on Healthcare Companies: Evolus (EOLS) and Akero Therapeutics (AKRO)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Evolus (EOLSResearch Report) and Akero Therapeutics (AKROResearch Report) with bullish sentiments.

Evolus (EOLS)

H.C. Wainwright analyst Douglas Tsao reiterated a Buy rating on Evolus today and set a price target of $27.00. The company’s shares closed last Friday at $14.70, close to its 52-week high of $14.82.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 10.1% and a 43.0% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

Evolus has an analyst consensus of Strong Buy, with a price target consensus of $22.17.

See Insiders’ Hot Stocks on TipRanks >>

Akero Therapeutics (AKRO)

H.C. Wainwright analyst Ed Arce maintained a Buy rating on Akero Therapeutics today and set a price target of $43.00. The company’s shares closed last Friday at $30.06.

According to TipRanks.com, Arce is a 5-star analyst with an average return of 12.6% and a 43.3% success rate. Arce covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Aurinia Pharmaceuticals, and Unicycive Therapeutics.

Currently, the analyst consensus on Akero Therapeutics is a Moderate Buy with an average price target of $51.50, an 88.0% upside from current levels. In a report released yesterday, LifeSci Capital also maintained a Buy rating on the stock with a $60.00 price target.

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