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Analysts Offer Insights on Healthcare Companies: Cardiol Therapeutics (CRDL), Paragon 28 (FNA) and Intra-Cellular Therapies (ITCI)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cardiol Therapeutics (CRDLResearch Report), Paragon 28 (FNAResearch Report) and Intra-Cellular Therapies (ITCIResearch Report) with bullish sentiments.

Cardiol Therapeutics (CRDL)

Canaccord Genuity analyst Edward Nash maintained a Buy rating on Cardiol Therapeutics yesterday and set a price target of $6.00. The company’s shares closed last Thursday at $2.04, close to its 52-week high of $2.17.

According to TipRanks.com, Nash is a 3-star analyst with an average return of 1.2% and a 36.9% success rate. Nash covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Madrigal Pharmaceuticals, and Corcept Therapeutics.

Cardiol Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $6.00.

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

Paragon 28 (FNA)

Canaccord Genuity analyst Caitlin Cronin maintained a Buy rating on Paragon 28 yesterday and set a price target of $17.00. The company’s shares closed last Thursday at $10.20.

According to TipRanks.com, Cronin is a 2-star analyst with an average return of 1.2% and a 40.0% success rate. Cronin covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Smith & Nephew Snats, and Alphatec Holdings.

Currently, the analyst consensus on Paragon 28 is a Strong Buy with an average price target of $18.00, representing a 51.0% upside. In a report issued on March 28, Needham also reiterated a Buy rating on the stock with a $17.00 price target.

Intra-Cellular Therapies (ITCI)

Canaccord Genuity analyst Sumant Kulkarni maintained a Buy rating on Intra-Cellular Therapies today and set a price target of $100.00. The company’s shares closed last Thursday at $67.21.

According to TipRanks.com, Kulkarni is a 4-star analyst with an average return of 5.2% and a 43.1% success rate. Kulkarni covers the Healthcare sector, focusing on stocks such as ACADIA Pharmaceuticals, Voyager Therapeutics, and Bioxcel Therapeutics.

Intra-Cellular Therapies has an analyst consensus of Strong Buy, with a price target consensus of $83.55, implying a 22.0% upside from current levels. In a report issued on April 3, RBC Capital also maintained a Buy rating on the stock with a $86.00 price target.

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