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Analysts Offer Insights on Healthcare Companies: Aclaris Therapeutics (ACRS) and BioMarin Pharmaceutical (BMRN)

Tipranks - Wed Feb 25, 9:08AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Aclaris Therapeutics (ACRSResearch Report) and BioMarin Pharmaceutical (BMRNResearch Report) with bullish sentiments.

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Aclaris Therapeutics (ACRS)

H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Aclaris Therapeutics today and set a price target of $16.00. The company’s shares closed last Tuesday at $3.39.

According to TipRanks.com, Selvaraju is a 5-star analyst with an average return of 23.3% and a 56.8% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, Reviva Pharmaceuticals Holdings, and Aardvark Therapeutics, Inc. ;'>

Currently, the analyst consensus on Aclaris Therapeutics is a Strong Buy with an average price target of $11.33.

See today’s best-performing stocks on TipRanks >>

BioMarin Pharmaceutical (BMRN)

Wedbush analyst Yun Zhong reiterated a Buy rating on BioMarin Pharmaceutical today and set a price target of $94.00. The company’s shares closed last Tuesday at $62.47, close to its 52-week low of $60.63.

According to TipRanks.com, Zhong is ranked 0 out of 5 stars with an average return of -6.3% and a 44.0% success rate. Zhong covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, CAMP4 Therapeutics Corporation, and MoonLake Immunotherapeutics. ;'>

Currently, the analyst consensus on BioMarin Pharmaceutical is a Moderate Buy with an average price target of $86.20, a 43.0% upside from current levels. In a report issued on February 12, Jefferies also maintained a Buy rating on the stock with a $113.00 price target.

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