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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Thu Apr 9, 7:47AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cardiol Therapeutics (CRDL), Neurocrine (NBIX) and Inmune Bio (INMB) with bullish sentiments.

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Cardiol Therapeutics (CRDL)

Canaccord Genuity analyst Edward Nash reiterated a Buy rating on Cardiol Therapeutics on April 6 and set a price target of $8.00. The company’s shares closed last Tuesday at $1.40.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 23.5% and a 47.6% success rate. Nash covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Rani Therapeutics Holdings, and Madrigal Pharmaceuticals. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardiol Therapeutics with a $8.50 average price target, implying a 525.0% upside from current levels. In a report issued on April 2, H.C. Wainwright also reiterated a Buy rating on the stock with a $9.00 price target.

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Neurocrine (NBIX)

In a report issued on April 6, Ashwani Verma from UBS maintained a Buy rating on Neurocrine, with a price target of $161.00. The company’s shares closed last Tuesday at $130.90.

According to TipRanks.com, Verma is a 4-star analyst with an average return of 8.0% and a 47.7% success rate. Verma covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical, United Therapeutics, and Axsome Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Neurocrine with a $183.10 average price target, representing a 37.3% upside. In a report issued on April 6, Needham also maintained a Buy rating on the stock with a $185.00 price target.

Inmune Bio (INMB)

Alliance Global Partners analyst James Molloy maintained a Buy rating on Inmune Bio on April 6 and set a price target of $7.00. The company’s shares closed last Tuesday at $1.27.

According to TipRanks.com, Molloy is ranked 0 out of 5 stars with an average return of -24.8% and a 19.2% success rate. Molloy covers the Healthcare sector, focusing on stocks such as Reviva Pharmaceuticals Holdings, Neurosense Therapeutics Ltd., and Intensity Therapeutics, Inc. ;'>

Inmune Bio has an analyst consensus of Strong Buy, with a price target consensus of $8.00, a 540.0% upside from current levels. In a report issued on March 31, Maxim Group also maintained a Buy rating on the stock with a $8.00 price target.

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