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Analysts Offer Insights on Healthcare Companies: Tango Therapeutics (TNGX), Aclaris Therapeutics (ACRS) and Immunocore Holdings (IMCR)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Tango Therapeutics (TNGXResearch Report), Aclaris Therapeutics (ACRSResearch Report) and Immunocore Holdings (IMCRResearch Report).

Tango Therapeutics (TNGX)

In a report issued on May 8, Andrew Berens from Leerink Partners reiterated a Buy rating on Tango Therapeutics, with a price target of $20.00. The company’s shares closed last Thursday at $7.77.

According to TipRanks.com, Berens is a 2-star analyst with an average return of -0.1% and a 40.8% success rate. Berens covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Zentalis Pharmaceuticals, and Arvinas Holding Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tango Therapeutics with a $18.25 average price target, implying a 133.4% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $18.00 price target.

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Aclaris Therapeutics (ACRS)

Leerink Partners analyst Thomas Smith maintained a Hold rating on Aclaris Therapeutics on May 8 and set a price target of $2.00. The company’s shares closed last Thursday at $1.23, close to its 52-week low of $0.59.

According to TipRanks.com, Smith is a top 100 analyst with an average return of 37.0% and a 44.9% success rate. Smith covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, MoonLake Immunotherapeutics, and Connect Biopharma Holdings.

Aclaris Therapeutics has an analyst consensus of Hold, with a price target consensus of $2.00, implying a 63.9% upside from current levels. In a report issued on May 8, H.C. Wainwright also reiterated a Hold rating on the stock.

Immunocore Holdings (IMCR)

Leerink Partners analyst Jonathan Chang reiterated a Buy rating on Immunocore Holdings on May 8 and set a price target of $74.00. The company’s shares closed last Thursday at $59.85.

According to TipRanks.com, Chang ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.0% and a 34.2% success rate. Chang covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Karyopharm Therapeutics, and Bicycle Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Immunocore Holdings with a $84.58 average price target, which is a 39.0% upside from current levels. In a report issued on May 8, Needham also maintained a Buy rating on the stock with a $81.00 price target.

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