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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Wed Mar 4, 7:35AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on BioMarin Pharmaceutical (BMRNResearch Report), Immunic (IMUXResearch Report) and Apogee Therapeutics (APGEResearch Report) with bullish sentiments.

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BioMarin Pharmaceutical (BMRN)

Truist Financial analyst Joon Lee maintained a Buy rating on BioMarin Pharmaceutical today. The company’s shares closed last Monday at $59.74.

According to TipRanks.com, Lee is a top 100 analyst with an average return of 35.1% and a 56.8% success rate. Lee covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and Vertex Pharmaceuticals. ;'>

Currently, the analyst consensus on BioMarin Pharmaceutical is a Strong Buy with an average price target of $89.93, a 48.1% upside from current levels. In a report issued on February 18, Wells Fargo also maintained a Buy rating on the stock with a $75.00 price target.

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Immunic (IMUX)

In a report released yesterday, Myles Minter from William Blair maintained a Buy rating on Immunic. The company’s shares closed last Monday at $1.06, close to its 52-week low of $0.92.

According to TipRanks.com, Minter is a 5-star analyst with an average return of 32.0% and a 60.9% success rate. Minter covers the Healthcare sector, focusing on stocks such as CAMP4 Therapeutics Corporation, Neumora Therapeutics, Inc., and Entrada Therapeutics Inc. ;'>

Currently, the analyst consensus on Immunic is a Strong Buy with an average price target of $3.67, a 270.9% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.

Apogee Therapeutics (APGE)

Canaccord Genuity analyst Edward Nash maintained a Buy rating on Apogee Therapeutics today and set a price target of $89.00. The company’s shares closed last Monday at $70.92.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 24.4% and a 47.7% success rate. Nash covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Madrigal Pharmaceuticals, and Kiniksa Pharmaceuticals. ;'>

Apogee Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $105.54, which is a 56.7% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $100.00 price target.

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