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Analysts Offer Insights on Healthcare Companies: Caris Life Sciences, Inc. (CAI), Amphastar Pharmaceuticals (AMPH) and Amylyx Pharmaceuticals Inc (AMLX)

Tipranks - Sat May 9, 5:00AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Caris Life Sciences, Inc. (CAI), Amphastar Pharmaceuticals (AMPH) and Amylyx Pharmaceuticals Inc (AMLX).

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Caris Life Sciences, Inc. (CAI)

Bank of America Securities analyst Michael Ryskin reiterated a Buy rating on Caris Life Sciences, Inc. yesterday and set a price target of $28.00. The company’s shares closed last Thursday at $19.84, close to its 52-week low of $16.28.

According to TipRanks.com, Ryskin is a 2-star analyst with an average return of 0.3% and a 48.2% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Tempus AI, Inc. Class A, and Fortrea Holdings Inc. ;'>

Currently, the analyst consensus on Caris Life Sciences, Inc. is a Strong Buy with an average price target of $29.92, implying a 56.4% upside from current levels. In a report released today, TD Cowen also maintained a Buy rating on the stock with a $31.00 price target.

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Amphastar Pharmaceuticals (AMPH)

Bank of America Securities analyst Chi Meng Fong reiterated a Hold rating on Amphastar Pharmaceuticals yesterday and set a price target of $25.00. The company’s shares closed last Thursday at $24.03.

According to TipRanks.com, Fong is ranked #11254 out of 12242 analysts.

Currently, the analyst consensus on Amphastar Pharmaceuticals is a Moderate Buy with an average price target of $26.00, which is an 8.3% upside from current levels. In a report issued on April 22, TipRanks – xAI also reiterated a Hold rating on the stock with a $24.00 price target.

Amylyx Pharmaceuticals Inc (AMLX)

In a report released yesterday, Dina Ramadane from Bank of America Securities reiterated a Buy rating on Amylyx Pharmaceuticals Inc, with a price target of $22.00. The company’s shares closed last Thursday at $15.20.

According to TipRanks.com, Ramadane is a 2-star analyst with an average return of 1.8% and a 50.0% success rate. Ramadane covers the Healthcare sector, focusing on stocks such as Vera Therapeutics, Catalyst Pharma, and Biohaven Ltd. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amylyx Pharmaceuticals Inc with a $24.57 average price target, a 53.8% upside from current levels. In a report issued on May 5, TD Cowen also maintained a Buy rating on the stock.

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