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Analysts Are Bullish on These Healthcare Stocks: Quoin Pharmaceuticals (QNRX), Biodesix (BDSX)

Tipranks - Sat Feb 28, 12:04PM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Quoin Pharmaceuticals (QNRXResearch Report), Biodesix (BDSXResearch Report) and BioCryst (BCRXResearch Report) with bullish sentiments.

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Quoin Pharmaceuticals (QNRX)

In a report issued on February 25, Naz Rahman from Maxim Group reiterated a Buy rating on Quoin Pharmaceuticals, with a price target of $70.00. The company’s shares closed last Friday at $8.56.

According to TipRanks.com, Rahman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -13.6% and a 32.6% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Silexion Therapeutics, and Viking Therapeutics. ;'>

Currently, the analyst consensus on Quoin Pharmaceuticals is a Moderate Buy with an average price target of $70.00.

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Biodesix (BDSX)

In a report released today, William Bonello from Craig-Hallum maintained a Buy rating on Biodesix. The company’s shares closed last Friday at $15.19.

According to TipRanks.com, Bonello is a 5-star analyst with an average return of 29.0% and a 57.7% success rate. Bonello covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Guardant Health, and SOPHiA GENETICS. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Biodesix with a $30.00 average price target, a 102.8% upside from current levels. In a report released today, William Blair also upgraded the stock to Buy.

BioCryst (BCRX)

H.C. Wainwright analyst Andrew Fein maintained a Buy rating on BioCryst today and set a price target of $32.00. The company’s shares closed last Friday at $8.78, close to its 52-week high of $9.50.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 29.3% and a 57.4% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and KalVista Pharmaceuticals. ;'>

BioCryst has an analyst consensus of Strong Buy, with a price target consensus of $21.50, representing a 170.4% upside. In a report issued on February 18, Evercore ISI also resumed coverage with a Buy rating on the stock with a $17.00 price target.

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