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Analysts Conflicted on These Healthcare Names: Spero Therapeutics (SPRO) and Coherus Biosciences (CHRS)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Spero Therapeutics (SPROResearch Report) and Coherus Biosciences (CHRSResearch Report).

Spero Therapeutics (SPRO)

TD Cowen analyst Ritu Baral maintained a Hold rating on Spero Therapeutics yesterday. The company’s shares closed last Wednesday at $1.62.

According to TipRanks.com, Baral is a 4-star analyst with an average return of 6.5% and a 43.2% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Milestone Pharmaceuticals.

Currently, the analyst consensus on Spero Therapeutics is a Moderate Buy with an average price target of $7.00.

See the top stocks recommended by analysts >>

Coherus Biosciences (CHRS)

Truist Financial analyst Srikripa Devarakonda maintained a Buy rating on Coherus Biosciences on May 14 and set a price target of $7.00. The company’s shares closed last Wednesday at $2.18.

According to TipRanks.com, Devarakonda is a 4-star analyst with an average return of 15.3% and a 54.8% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as Edgewise Therapeutics, Scholar Rock Holding, and Bristol-Myers Squibb.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coherus Biosciences with a $9.20 average price target, which is a 340.2% upside from current levels. In a report issued on May 10, H.C. Wainwright also maintained a Buy rating on the stock with a $12.00 price target.

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