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Analysts Are Bullish on Top Healthcare Stocks: Paragon 28 (FNA), Caribou Biosciences (CRBU)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Paragon 28 (FNAResearch Report) and Caribou Biosciences (CRBUResearch Report) with bullish sentiments.

Paragon 28 (FNA)

In a report released yesterday, Craig Bijou from Bank of America Securities reiterated a Buy rating on Paragon 28, with a price target of $15.00. The company’s shares closed last Thursday at $10.20.

According to TipRanks.com, Bijou is a 3-star analyst with an average return of 1.4% and a 42.6% success rate. Bijou covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Merit Medical Systems, and Integra Lifesciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paragon 28 with a $18.00 average price target, which is a 51.0% upside from current levels. In a report issued on March 28, Needham also reiterated a Buy rating on the stock with a $17.00 price target.

See the top stocks recommended by analysts >>

Caribou Biosciences (CRBU)

Bank of America Securities analyst Geoff Meacham maintained a Buy rating on Caribou Biosciences yesterday and set a price target of $17.00. The company’s shares closed last Thursday at $4.54.

According to TipRanks.com, Meacham is a 4-star analyst with an average return of 3.4% and a 50.7% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Amylyx Pharmaceuticals Inc, and BioMarin Pharmaceutical.

Caribou Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $22.00.

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