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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Adaptimmune Therapeutics (ADAP), Ionis Pharmaceuticals (IONS) and Ultragenyx Pharmaceutical (RARE)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Adaptimmune Therapeutics (ADAPResearch Report), Ionis Pharmaceuticals (IONSResearch Report) and Ultragenyx Pharmaceutical (RAREResearch Report).

Adaptimmune Therapeutics (ADAP)

In a report issued on May 15, Jonathan Chang from Leerink Partners maintained a Hold rating on Adaptimmune Therapeutics, with a price target of $2.00. The company’s shares closed last Friday at $1.11.

According to TipRanks.com, Chang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 33.7% success rate. Chang covers the Healthcare sector, focusing on stocks such as Karyopharm Therapeutics, Revolution Medicines, and Mersana Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adaptimmune Therapeutics with a $2.20 average price target, implying an 89.7% upside from current levels. In a report issued on May 15, Wells Fargo also maintained a Hold rating on the stock with a $2.00 price target.

See the top stocks recommended by analysts >>

Ionis Pharmaceuticals (IONS)

In a report issued on May 16, Mani Foroohar from Leerink Partners maintained a Hold rating on Ionis Pharmaceuticals. The company’s shares closed last Friday at $37.31, close to its 52-week low of $35.44.

According to TipRanks.com, Foroohar has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.2% and a 38.9% success rate. Foroohar covers the Healthcare sector, focusing on stocks such as Recursion Pharmaceuticals, 4D Molecular Therapeutics, and Arrowhead Pharmaceuticals.

Ionis Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $58.93, implying a 56.9% upside from current levels. In a report issued on May 16, J.P. Morgan also maintained a Hold rating on the stock.

Ultragenyx Pharmaceutical (RARE)

In a report issued on May 16, Joseph Schwartz from Leerink Partners reiterated a Buy rating on Ultragenyx Pharmaceutical. The company’s shares closed last Friday at $41.87.

According to TipRanks.com, Schwartz is a 2-star analyst with an average return of 0.0% and a 38.4% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Crinetics Pharmaceuticals, Mereo Biopharma Group Plc, and KalVista Pharmaceuticals.

Currently, the analyst consensus on Ultragenyx Pharmaceutical is a Strong Buy with an average price target of $92.15, which is an 115.8% upside from current levels. In a report issued on May 2, Wells Fargo also maintained a Buy rating on the stock with a $72.00 price target.

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