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Analysts’ Top Healthcare Picks: Revolution Medicines (RVMD), BioCryst (BCRX)

Tipranks - Fri May 8, 6:04AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Revolution Medicines (RVMD), BioCryst (BCRX) and Castle Biosciences (CSTL) with bullish sentiments.

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Revolution Medicines (RVMD)

In a report released today, Kelsey Goodwin from Piper Sandler maintained a Buy rating on Revolution Medicines, with a price target of $172.00. The company’s shares closed last Wednesday at $151.07.

According to TipRanks.com, Goodwin is a 5-star analyst with an average return of 54.3% and a 71.6% success rate. Goodwin covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Janux Therapeutics Inc, and Olema Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Revolution Medicines with a $177.94 average price target, implying a 21.3% upside from current levels. In a report issued on April 22, Guggenheim also maintained a Buy rating on the stock with a $175.00 price target.

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

BioCryst (BCRX)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on BioCryst, with a price target of $32.00. The company’s shares closed last Wednesday at $8.83, close to its 52-week high of $9.50.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 26.4% and a 55.6% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Madrigal Pharmaceuticals. ;'>

BioCryst has an analyst consensus of Strong Buy, with a price target consensus of $22.71, a 163.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $10.00 price target.

Castle Biosciences (CSTL)

In a report released today, Subbu Nambi from Guggenheim maintained a Buy rating on Castle Biosciences, with a price target of $47.00. The company’s shares closed last Wednesday at $24.75.

According to TipRanks.com, Nambi is a 4-star analyst with an average return of 18.0% and a 50.5% success rate. Nambi covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, BillionToOne, Inc. Class A, and Adaptive Biotechnologies. ;'>

Currently, the analyst consensus on Castle Biosciences is a Strong Buy with an average price target of $45.75.

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