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Analysts Offer Insights on Healthcare Companies: Celcuity (CELC) and Erasca (ERAS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Celcuity (CELCResearch Report) and Erasca (ERASResearch Report) with bullish sentiments.

Celcuity (CELC)

H.C. Wainwright analyst Swayampakula Ramakanth maintained a Buy rating on Celcuity today and set a price target of $27.00. The company’s shares closed last Wednesday at $18.16, close to its 52-week high of $18.95.

According to TipRanks.com, Ramakanth is a 3-star analyst with an average return of 2.5% and a 35.5% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as ImmunoPrecise Antibodies, Janux Therapeutics Inc, and ALX Oncology Holdings.

Currently, the analyst consensus on Celcuity is a Strong Buy with an average price target of $30.33, a 71.4% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $24.00 price target.

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

Erasca (ERAS)

H.C. Wainwright analyst Andres Y. Maldonado reiterated a Buy rating on Erasca today and set a price target of $8.00. The company’s shares closed last Wednesday at $2.06.

According to TipRanks.com, Maldonado is a 5-star analyst with an average return of 36.3% and a 62.5% success rate. Maldonado covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Werewolf Therapeutics, and Scholar Rock Holding.

Currently, the analyst consensus on Erasca is a Strong Buy with an average price target of $7.25.

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