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Analysts Offer Insights on Healthcare Companies: LifeMD (LFMD) and Dyne Therapeutics (DYN)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on LifeMD (LFMDResearch Report) and Dyne Therapeutics (DYNResearch Report) with bullish sentiments.

LifeMD (LFMD)

In a report released today, William Wood from B.Riley Financial reiterated a Buy rating on LifeMD, with a price target of $12.00. The company’s shares closed last Monday at $7.60.

According to TipRanks.com, Wood is a 1-star analyst with an average return of -1.7% and a 40.0% success rate. Wood covers the Healthcare sector, focusing on stocks such as REPRO-MED Systems, ClearPoint Neuro, and Veru.

Currently, the analyst consensus on LifeMD is a Strong Buy with an average price target of $13.25, representing a 68.6% upside. In a report issued on May 9, Cantor Fitzgerald also maintained a Buy rating on the stock with a $15.00 price target.

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

Dyne Therapeutics (DYN)

Jefferies analyst Andrew Tsai maintained a Buy rating on Dyne Therapeutics today and set a price target of $42.00. The company’s shares closed last Monday at $33.89.

According to TipRanks.com, Tsai is a 3-star analyst with an average return of 1.8% and a 48.9% success rate. Tsai covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Intra-Cellular Therapies, and Fusion Pharmaceuticals.

Dyne Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $40.38, which is a 27.4% upside from current levels. In a report issued on May 5, Chardan Capital also maintained a Buy rating on the stock with a $31.00 price target.

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