Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Are Bullish on Top Healthcare Stocks: Alnylam Pharma (ALNY), Foghorn Therapeutics (FHTX)

Tipranks - Wed Jan 14, 6:56AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Alnylam Pharma (ALNYResearch Report) and Foghorn Therapeutics (FHTXResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

Alnylam Pharma (ALNY)

In a report released yesterday, Salveen Richter from Goldman Sachs maintained a Buy rating on Alnylam Pharma, with a price target of $580.00. The company’s shares closed last Monday at $370.91.

According to TipRanks.com, Richter is a 4-star analyst with an average return of 10.8% and a 45.5% success rate. Richter covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Taysha Gene Therapies, and Enliven Therapeutics. ;'>

Alnylam Pharma has an analyst consensus of Strong Buy, with a price target consensus of $501.06, a 32.6% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $529.00 price target.

See the top stocks recommended by analysts >>

Foghorn Therapeutics (FHTX)

In a report released today, Jeet Mukherjee from BTIG reiterated a Buy rating on Foghorn Therapeutics, with a price target of $11.00. The company’s shares closed last Monday at $6.38.

According to TipRanks.com, Mukherjee is a 4-star analyst with an average return of 24.3% and a 62.7% success rate. Mukherjee covers the Healthcare sector, focusing on stocks such as Aardvark Therapeutics, Inc., Perspective Therapeutics, and Monopar Therapeutics Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Foghorn Therapeutics with a $11.38 average price target, which is a 110.0% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $12.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.