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Analysts Offer Insights on Healthcare Companies: Arcellx Inc (ACLX) and Apellis Pharmaceuticals (APLS)

Tipranks - Tue Mar 3, 4:52AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Arcellx Inc (ACLXResearch Report) and Apellis Pharmaceuticals (APLSResearch Report).

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Arcellx Inc (ACLX)

Arcellx Inc received a Hold rating from TD Cowen analyst Tyler Van Buren today. The company’s shares closed last Friday at $113.79.

According to TipRanks.com, Buren is a 5-star analyst with an average return of 23.4% and a 55.8% success rate. Buren covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Crinetics Pharmaceuticals, and Maze Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Arcellx Inc with a $112.67 average price target, implying a -1.2% downside from current levels. In a report issued on February 27, TipRanks – OpenAI also upgraded the stock to Hold with a $122.00 price target.

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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 Friday at $20.96.

According to TipRanks.com, Brown is a 4-star analyst with an average return of 21.3% and a 49.2% success rate. Brown covers the Healthcare sector, focusing on stocks such as Tarsus Pharmaceuticals, Viridian Therapeutics, and Kalaris Therapeutics. ;'>

Apellis Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $31.15, a 46.2% upside from current levels. In a report issued on February 24, Needham also maintained a Buy rating on the stock with a $28.00 price target.

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