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Analysts Offer Insights on Healthcare Companies: CureVac (CVAC) and BioMarin Pharmaceutical (BMRN)

Analysts fell to the sidelines weighing in on CureVac (CVACResearch Report) and BioMarin Pharmaceutical (BMRNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

CureVac (CVAC)

In a report released today, Mani Foroohar from Leerink Partners downgraded CureVac to Hold, with a price target of $4.00. The company’s shares closed last Wednesday at $2.51, close to its 52-week low of $2.34.

According to TipRanks.com, Foroohar has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.6% and a 38.4% success rate. Foroohar covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Arrowhead Pharmaceuticals, and Recursion Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CureVac with a $11.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

BioMarin Pharmaceutical (BMRN)

In a report released today, David Lebovitz from Citi assigned a Hold rating to BioMarin Pharmaceutical, with a price target of $91.00. The company’s shares closed last Wednesday at $91.20.

According to TipRanks.com, Lebovitz is a 1-star analyst with an average return of -3.6% and a 42.3% success rate. Lebovitz covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Crinetics Pharmaceuticals, and Madrigal Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BioMarin Pharmaceutical with a $111.67 average price target, which is a 20.5% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $100.00 price target.

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