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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Biogen (BIIB) and Nkarta (NKTX)

Tipranks - Fri Apr 17, 5:42AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Biogen (BIIB) and Nkarta (NKTX).

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Biogen (BIIB)

In a report released today, Jason Zemansky from Bank of America Securities maintained a Hold rating on Biogen, with a price target of $197.00. The company’s shares closed last Wednesday at $180.54.

According to TipRanks.com, Zemansky is a 5-star analyst with an average return of 24.8% and a 63.3% success rate. Zemansky covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Inhibikase Therapeutics, and Syndax Pharmaceuticals. ;'>

Currently, the analyst consensus on Biogen is a Moderate Buy with an average price target of $206.61, a 15.2% upside from current levels. In a report issued on April 10, Morgan Stanley also maintained a Hold rating on the stock with a $200.00 price target.

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Nkarta (NKTX)

In a report released yesterday, Emily Bodnar from H.C. Wainwright maintained a Buy rating on Nkarta, with a price target of $16.00. The company’s shares closed last Wednesday at $2.42, close to its 52-week low of $1.31.

According to TipRanks.com, Bodnar is a 4-star analyst with an average return of 8.2% and a 37.6% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Artiva Biotherapeutics, Inc., Acrivon Therapeutics, Inc., and Olema Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nkarta with a $12.50 average price target, implying a 445.9% upside from current levels. In a report issued on March 31, Mizuho Securities also maintained a Buy rating on the stock with a $12.00 price target.

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