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.

Wall Street Analysts Are Neutral on Top Healthcare Picks

Tipranks - Wed Apr 1, 12:32PM CDT

Analysts fell to the sidelines weighing in on Alkermes (ALKS), Apellis Pharmaceuticals (APLS) and Kalaris Therapeutics (KLRS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

End of Quarter Sale - 50% Off TipRanks

Alkermes (ALKS)

Leerink Partners analyst Marc Goodman maintained a Hold rating on Alkermes today. The company’s shares closed last Tuesday at $36.03, close to its 52-week high of $36.45.

According to TipRanks.com, Goodman is ranked #343 out of 12128 analysts.

Alkermes has an analyst consensus of Strong Buy, with a price target consensus of $44.00, representing a 33.5% upside. In a report issued on March 20, TipRanks – Google also downgraded the stock to Hold with a $30.00 price target.

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

Apellis Pharmaceuticals (APLS)

In a report released today, Akash Tewari from Jefferies downgraded Apellis Pharmaceuticals to Hold, with a price target of $41.00. The company’s shares closed last Tuesday at $40.26.

According to TipRanks.com, Tewari is a 5-star analyst with an average return of 11.8% and a 52.5% success rate. Tewari covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Vertex Pharmaceuticals, and Ionis Pharmaceuticals. ;'>

Currently, the analyst consensus on Apellis Pharmaceuticals is a Moderate Buy with an average price target of $34.12, representing a -15.5% downside. In a report released today, Robert W. Baird also downgraded the stock to Hold with a $41.00 price target.

Kalaris Therapeutics (KLRS)

In a report released yesterday, Biren Amin from Piper Sandler maintained a Hold rating on Kalaris Therapeutics, with a price target of $7.00. The company’s shares closed last Tuesday at $5.84.

According to TipRanks.com, Amin is a 4-star analyst with an average return of 7.8% and a 45.9% success rate. Amin covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, OKYO Pharma Limited Sponsored ADR, and BridgeBio Oncology Therapeutics. ;'>

Currently, the analyst consensus on Kalaris Therapeutics is a Moderate Buy with an average price target of $7.91, a 50.7% upside from current levels. In a report issued on March 19, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $7.50 price target.

Read More on ALKS:

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.