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Analysts Offer Insights on Healthcare Companies: MannKind (MNKD), Vertex Pharmaceuticals (VRTX) and Korro Bio (KRRO)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on MannKind (MNKDResearch Report), Vertex Pharmaceuticals (VRTXResearch Report) and Korro Bio (KRROResearch Report).

MannKind (MNKD)

RBC Capital analyst Gregory Renza maintained a Hold rating on MannKind on April 4 and set a price target of $5.00. The company’s shares closed last Monday at $4.55.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 17.9% and a 46.5% success rate. Renza covers the Healthcare sector, focusing on stocks such as Verrica Pharmaceuticals, ACADIA Pharmaceuticals, and Pacira Pharmaceuticals.

MannKind has an analyst consensus of Strong Buy, with a price target consensus of $7.00.

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Vertex Pharmaceuticals (VRTX)

In a report issued on April 4, Brian Abrahams from RBC Capital maintained a Hold rating on Vertex Pharmaceuticals, with a price target of $417.00. The company’s shares closed last Monday at $404.22.

According to TipRanks.com, Abrahams is a 5-star analyst with an average return of 9.0% and a 49.5% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., Intra-Cellular Therapies, and Karyopharm Therapeutics.

Vertex Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $456.20.

Korro Bio (KRRO)

In a report issued on April 4, Luca Issi from RBC Capital maintained a Buy rating on Korro Bio, with a price target of $105.00. The company’s shares closed last Monday at $73.44.

According to TipRanks.com, Issi has 0 stars on 0-5 stars ranking scale with an average return of -22.6% and a 20.2% success rate. Issi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Lexeo Therapeutics, Inc., and BioMarin Pharmaceutical.

Currently, the analyst consensus on Korro Bio is a Strong Buy with an average price target of $130.00, which is a 93.9% upside from current levels. In a report issued on March 27, BMO Capital also maintained a Buy rating on the stock with a $120.00 price target.

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