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Analysts Conflicted on These Healthcare Names: Insmed (INSM), Oric Pharmaceuticals (ORIC) and CytomX Therapeutics (CTMX)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Insmed (INSMResearch Report), Oric Pharmaceuticals (ORICResearch Report) and CytomX Therapeutics (CTMXResearch Report).

Insmed (INSM)

In a report released yesterday, Jason Zemansky from Bank of America Securities maintained a Buy rating on Insmed, with a price target of $40.00. The company’s shares closed last Monday at $27.08.

According to TipRanks.com, Zemansky is a 5-star analyst with an average return of 32.6% and a 72.5% success rate. Zemansky covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals, Reneo Pharmaceuticals, and Arcus Biosciences.

Insmed has an analyst consensus of Strong Buy, with a price target consensus of $45.40, a 63.1% upside from current levels. In a report issued on February 26, UBS also initiated coverage with a Buy rating on the stock with a $46.00 price target.

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

Oric Pharmaceuticals (ORIC)

Wedbush analyst David Nierengarten initiated coverage with a Buy rating on Oric Pharmaceuticals today and set a price target of $20.00. The company’s shares closed last Monday at $14.99, close to its 52-week high of $16.65.

According to TipRanks.com, Nierengarten is a 5-star analyst with an average return of 13.8% and a 45.5% success rate. Nierengarten covers the Healthcare sector, focusing on stocks such as Springworks Therapeutics, Kiniksa Pharmaceuticals, and Fusion Pharmaceuticals.

Oric Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $18.60, which is a 24.4% upside from current levels. In a report issued on February 29, Robert W. Baird also maintained a Buy rating on the stock with a $27.00 price target.

CytomX Therapeutics (CTMX)

In a report released today, Robert Driscoll from Wedbush maintained a Hold rating on CytomX Therapeutics, with a price target of $3.00. The company’s shares closed last Monday at $2.51.

According to TipRanks.com, Driscoll is a 4-star analyst with an average return of 8.6% and a 43.8% success rate. Driscoll covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Zentalis Pharmaceuticals, and Monte Rosa Therapeutics.

CytomX Therapeutics has an analyst consensus of Hold, with a price target consensus of $2.94, which is a 16.7% upside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $3.25 price target.

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