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Analysts Offer Insights on Healthcare Companies: Daré Bioscience (DARE), Mereo Biopharma Group Plc (MREO) and Arcus Biosciences (RCUS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Daré Bioscience (DAREResearch Report), Mereo Biopharma Group Plc (MREOResearch Report) and Arcus Biosciences (RCUSResearch Report) with bullish sentiments.

Daré Bioscience (DARE)

In a report released today, Douglas Tsao from H.C. Wainwright reiterated a Buy rating on Daré Bioscience, with a price target of $6.00. The company’s shares closed last Tuesday at $0.31, close to its 52-week low of $0.27.

According to TipRanks.com, Tsao is a 4-star analyst with an average return of 4.1% and a 37.4% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Crinetics Pharmaceuticals, and Protagonist Therapeutics.

Currently, the analyst consensus on Daré Bioscience is a Moderate Buy with an average price target of $4.00.

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

Mereo Biopharma Group Plc (MREO)

In a report released yesterday, Julian Harrison from BTIG maintained a Buy rating on Mereo Biopharma Group Plc, with a price target of $6.00. The company’s shares closed last Tuesday at $3.05.

According to TipRanks.com, Harrison is a 5-star analyst with an average return of 19.2% and a 49.7% success rate. Harrison covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Rani Therapeutics Holdings, and Apogee Therapeutics, Inc.

Mereo Biopharma Group Plc has an analyst consensus of Strong Buy, with a price target consensus of $6.00.

Arcus Biosciences (RCUS)

In a report released yesterday, Kaveri Pohlman from BTIG maintained a Buy rating on Arcus Biosciences, with a price target of $70.00. The company’s shares closed last Tuesday at $15.23.

According to TipRanks.com, Pohlman is a 4-star analyst with an average return of 5.9% and a 31.5% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as Sonnet BioTherapeutics Holdings, Janux Therapeutics Inc, and Mersana Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcus Biosciences with a $43.00 average price target, a 179.6% upside from current levels. In a report issued on April 15, Truist Financial also initiated coverage with a Buy rating on the stock with a $50.00 price target.

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