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Analysts Offer Insights on Healthcare Companies: SAGE Therapeutics (SAGE), Poseida Therapeutics (PSTX) and Align Tech (ALGN)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on SAGE Therapeutics (SAGEResearch Report), Poseida Therapeutics (PSTXResearch Report) and Align Tech (ALGNResearch Report) with bullish sentiments.

SAGE Therapeutics (SAGE)

In a report released today, George Farmer from Scotiabank maintained a Buy rating on SAGE Therapeutics, with a price target of $19.00. The company’s shares closed last Wednesday at $12.57, close to its 52-week low of $10.92.

According to TipRanks.com, Farmer is a 4-star analyst with an average return of 15.9% and a 52.0% success rate. Farmer covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, BioMarin Pharmaceutical, and Syndax Pharmaceuticals.

SAGE Therapeutics has an analyst consensus of Hold, with a price target consensus of $21.79, implying a 68.1% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $16.00 price target.

See the top stocks recommended by analysts >>

Poseida Therapeutics (PSTX)

Piper Sandler analyst Edward Tenthoff reiterated a Buy rating on Poseida Therapeutics today and set a price target of $10.00. The company’s shares closed last Wednesday at $2.04.

According to TipRanks.com, Tenthoff is a 1-star analyst with an average return of -1.9% and a 33.0% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Milestone Pharmaceuticals, and Arvinas Holding Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Poseida Therapeutics with a $14.00 average price target, which is a 589.7% upside from current levels. In a report issued on April 8, William Blair also maintained a Buy rating on the stock.

Align Tech (ALGN)

In a report released today, Jason Bednar from Piper Sandler maintained a Buy rating on Align Tech, with a price target of $355.00. The company’s shares closed last Wednesday at $300.14.

According to TipRanks.com, Bednar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.1% and a 35.4% success rate. Bednar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Merit Medical Systems, and Alpha Tau Medical Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Align Tech with a $308.11 average price target.

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