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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Wed Feb 25, 12:04PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Apellis Pharmaceuticals (APLSResearch Report) and Monte Rosa Therapeutics (GLUEResearch Report) with bullish sentiments.

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Apellis Pharmaceuticals (APLS)

In a report released today, Lachlan Hanbury Brown from William Blair maintained a Buy rating on Apellis Pharmaceuticals. The company’s shares closed last Tuesday at $22.21.

According to TipRanks.com, Brown is a 4-star analyst with an average return of 21.0% and a 50.0% success rate. Brown covers the Healthcare sector, focusing on stocks such as Tarsus Pharmaceuticals, Viridian Therapeutics, and Kalaris Therapeutics. ;'>

Currently, the analyst consensus on Apellis Pharmaceuticals is a Moderate Buy with an average price target of $31.69, which is a 50.0% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $28.00 price target.

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Monte Rosa Therapeutics (GLUE)

In a report released today, Oliver McCammon from LifeSci Capital maintained a Buy rating on Monte Rosa Therapeutics. The company’s shares closed last Tuesday at $19.40.

According to TipRanks.com, McCammon is a 5-star analyst with an average return of 115.5% and a 50.0% success rate. McCammon covers the Healthcare sector, focusing on stocks such as Perspective Therapeutics, Janux Therapeutics Inc, and Corbus Pharmaceuticals. ;'>

Currently, the analyst consensus on Monte Rosa Therapeutics is a Strong Buy with an average price target of $33.80.

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