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Analysts’ Top Healthcare Picks: Caribou Biosciences (CRBU), Lineage Therap (LCTX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Caribou Biosciences (CRBUResearch Report), Lineage Therap (LCTXResearch Report) and Genelux Corp. (GNLXResearch Report) with bullish sentiments.

Caribou Biosciences (CRBU)

In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on Caribou Biosciences, with a price target of $24.00. The company’s shares closed last Thursday at $3.65, close to its 52-week low of $3.44.

According to TipRanks.com, Burns has 0 stars on 0-5 stars ranking scale with an average return of -22.5% and a 24.4% success rate. Burns covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Springworks Therapeutics, and Calidi Biotherapeutics.

Caribou Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $20.00, a 471.4% upside from current levels. In a report issued on May 7, RBC Capital also maintained a Buy rating on the stock with a $19.00 price target.

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

Lineage Therap (LCTX)

H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Lineage Therap today and set a price target of $7.00. The company’s shares closed last Thursday at $1.18.

According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 12.5% and a 41.1% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Bioline RX Ltd Sponsored ADR, Cadrenal Therapeutics, Inc., and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lineage Therap with a $5.25 average price target, representing a 344.9% upside. In a report issued on May 6, Robert W. Baird also maintained a Buy rating on the stock with a $5.00 price target.

Genelux Corp. (GNLX)

In a report released today, Emily Bodnar from H.C. Wainwright initiated coverage with a Buy rating on Genelux Corp. and a price target of $32.00. The company’s shares closed last Thursday at $4.02, close to its 52-week low of $3.06.

According to TipRanks.com, Bodnar is a 3-star analyst with an average return of 4.7% and a 34.7% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Connect Biopharma Holdings, Acrivon Therapeutics, Inc., and TransCode Therapeutics.

Genelux Corp. has an analyst consensus of Moderate Buy, with a price target consensus of $25.00.

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