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Analysts Offer Insights on Healthcare Companies: Ascendis Pharma (ASND) and Sionna Therapeutics, Inc. (SION)

Tipranks - Tue Mar 3, 3:34PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Ascendis Pharma (ASNDResearch Report) and Sionna Therapeutics, Inc. (SIONResearch Report) with bullish sentiments.

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Ascendis Pharma (ASND)

In a report released today, Yun Zhong from Wedbush maintained a Buy rating on Ascendis Pharma, with a price target of $273.00. The company’s shares closed last Monday at $242.09.

According to TipRanks.com, Zhong has 0 stars on 0-5 stars ranking scale with an average return of -6.2% and a 42.5% success rate. Zhong covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, CAMP4 Therapeutics Corporation, and MoonLake Immunotherapeutics. ;'>

Ascendis Pharma has an analyst consensus of Strong Buy, with a price target consensus of $287.42, a 22.2% upside from current levels. In a report issued on February 17, Morgan Stanley also maintained a Buy rating on the stock with a $256.00 price target.

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Sionna Therapeutics, Inc. (SION)

TD Cowen analyst Ritu Baral maintained a Buy rating on Sionna Therapeutics, Inc. today. The company’s shares closed last Monday at $33.92.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 43.8% and a 55.3% success rate. Baral covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Milestone Pharmaceuticals, and Madrigal Pharmaceuticals. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sionna Therapeutics, Inc. with a $50.33 average price target, a 53.0% upside from current levels. In a report issued on February 24, Citizens JMP also initiated coverage with a Buy rating on the stock with a $63.00 price target.

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