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Analysts Offer Insights on Healthcare Companies: Annexon Biosciences (ANNX) and Geron (GERN)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Annexon Biosciences (ANNXResearch Report) and Geron (GERNResearch Report) with bullish sentiments.

Annexon Biosciences (ANNX)

Needham analyst Joseph Stringer maintained a Buy rating on Annexon Biosciences today and set a price target of $16.00. The company’s shares closed last Friday at $5.97, close to its 52-week high of $6.67.

According to TipRanks.com, Stringer is a 3-star analyst with an average return of 1.9% and a 41.5% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Phathom Pharmaceuticals, and Rhythm Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Annexon Biosciences with a $14.80 average price target, which is a 138.7% upside from current levels. In a report issued on March 1, J.P. Morgan also upgraded the stock to Buy with a $11.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Geron (GERN)

Needham analyst Gil Blum maintained a Buy rating on Geron today and set a price target of $4.00. The company’s shares closed last Friday at $2.26.

According to TipRanks.com, Blum is a 4-star analyst with an average return of 10.0% and a 46.0% success rate. Blum covers the Healthcare sector, focusing on stocks such as Mereo Biopharma Group Plc, Recursion Pharmaceuticals, and Crispr Therapeutics AG.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Geron with a $4.90 average price target, a 141.4% upside from current levels. In a report issued on February 28, Goldman Sachs also maintained a Buy rating on the stock.

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