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Analysts’ Top Healthcare Picks: Longboard Pharmaceuticals (LBPH), Phathom Pharmaceuticals (PHAT)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Longboard Pharmaceuticals (LBPHResearch Report) and Phathom Pharmaceuticals (PHATResearch Report) with bullish sentiments.

Longboard Pharmaceuticals (LBPH)

In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Longboard Pharmaceuticals, with a price target of $60.00. The company’s shares closed last Friday at $18.16.

According to TipRanks.com, Trucchio is ranked 0 out of 5 stars with an average return of -7.5% and a 32.8% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Milestone Pharmaceuticals, and Precision BioSciences.

Longboard Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $41.88, representing a 124.6% upside. In a report issued on March 12, Citi also maintained a Buy rating on the stock with a $40.00 price target.

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

Phathom Pharmaceuticals (PHAT)

Needham analyst Joseph Stringer maintained a Buy rating on Phathom Pharmaceuticals today and set a price target of $26.00. The company’s shares closed last Friday at $7.93.

According to TipRanks.com, Stringer is a 3-star analyst with an average return of 1.2% and a 40.5% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Lexicon Pharmaceuticals, and Rhythm Pharmaceuticals.

Phathom Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $21.33, a 172.4% upside from current levels. In a report issued on March 8, H.C. Wainwright also reiterated a Buy rating on the stock with a $28.00 price target.

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