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Analysts Offer Insights on Healthcare Companies: Assertio Therapeutics (ASRT), Longboard Pharmaceuticals (LBPH) and Travere Therapeutics (TVTX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Assertio Therapeutics (ASRTResearch Report), Longboard Pharmaceuticals (LBPHResearch Report) and Travere Therapeutics (TVTXResearch Report) with bullish sentiments.

Assertio Therapeutics (ASRT)

Lake Street analyst Thomas Flaten maintained a Buy rating on Assertio Therapeutics today and set a price target of $3.00. The company’s shares closed last Monday at $1.22, close to its 52-week low of $0.73.

According to TipRanks.com, Flaten has 0 stars on 0-5 stars ranking scale with an average return of -9.0% and a 35.0% success rate. Flaten covers the Healthcare sector, focusing on stocks such as Aquestive Therapeutics, Diamedica Therapeutics, and Achieve Life Sciences.

Currently, the analyst consensus on Assertio Therapeutics is a Moderate Buy with an average price target of $3.00.

See the top stocks recommended by analysts >>

Longboard Pharmaceuticals (LBPH)

H.C. Wainwright analyst Patrick Trucchio reiterated a Buy rating on Longboard Pharmaceuticals today and set a price target of $60.00. The company’s shares closed last Monday at $20.60.

According to TipRanks.com, Trucchio ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -12.4% and a 30.3% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Milestone Pharmaceuticals, and Precision BioSciences.

Longboard Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $42.50, representing a 97.2% upside. In a report issued on April 30, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $36.00 price target.

Travere Therapeutics (TVTX)

In a report released today, Laura Chico from Wedbush maintained a Buy rating on Travere Therapeutics, with a price target of $13.00. The company’s shares closed last Monday at $6.55, close to its 52-week low of $5.12.

According to TipRanks.com, Chico is a 3-star analyst with an average return of 3.0% and a 47.3% success rate. Chico covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and Longboard Pharmaceuticals.

Travere Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $14.20, implying a 126.5% upside from current levels. In a report issued on April 24, H.C. Wainwright also maintained a Buy rating on the stock with a $19.00 price target.

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