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Analysts Offer Insights on Healthcare Companies: Apellis Pharmaceuticals (APLS) and Bluebird Bio (BLUE)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Apellis Pharmaceuticals (APLSResearch Report) and Bluebird Bio (BLUEResearch Report) with bullish sentiments.

Apellis Pharmaceuticals (APLS)

Robert W. Baird analyst Colleen M. Kusy reiterated a Buy rating on Apellis Pharmaceuticals yesterday and set a price target of $100.00. The company’s shares closed last Thursday at $58.78.

According to TipRanks.com, Kusy is a 3-star analyst with an average return of 2.3% and a 39.9% success rate. Kusy covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, Iovance Biotherapeutics, and Karyopharm Therapeutics.

Apellis Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $83.73, implying a 43.2% upside from current levels. In a report issued on March 19, J.P. Morgan also reiterated a Buy rating on the stock with a $79.00 price target.

See the top stocks recommended by analysts >>

Bluebird Bio (BLUE)

In a report issued on March 26, Jack Allen from Robert W. Baird maintained a Buy rating on Bluebird Bio, with a price target of $7.00. The company’s shares closed last Thursday at $1.28, close to its 52-week low of $0.88.

According to TipRanks.com, Allen is ranked 0 out of 5 stars with an average return of -6.0% and a 41.0% success rate. Allen covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Crispr Therapeutics AG.

Currently, the analyst consensus on Bluebird Bio is a Hold with an average price target of $3.87, implying a 188.8% upside from current levels. In a report issued on March 26, Barclays also maintained a Buy rating on the stock with a $8.00 price target.

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