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Analysts Are Bullish on Top Healthcare Stocks: Pharvaris (PHVS), Cardiol Therapeutics (CRDL)

Tipranks - Tue May 19, 8:12AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Pharvaris (PHVS), Cardiol Therapeutics (CRDL) and Fortress Biotech (FBIO) with bullish sentiments.

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Pharvaris (PHVS)

In a report released today, Maxwell Skor from Morgan Stanley maintained a Buy rating on Pharvaris, with a price target of $30.40. The company’s shares closed last Friday at $30.40.

According to TipRanks.com, Skor is a 5-star analyst with an average return of 21.8% and a 70.3% success rate. Skor covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Monopar Therapeutics Inc, and Atea Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pharvaris with a $48.04 average price target, implying a 58.3% upside from current levels. In a report issued on May 12, RBC Capital also maintained a Buy rating on the stock with a $51.00 price target.

See the top stocks recommended by analysts >>

Cardiol Therapeutics (CRDL)

Canaccord Genuity analyst Edward Nash maintained a Buy rating on Cardiol Therapeutics yesterday and set a price target of $8.00. The company’s shares closed last Friday at $1.32.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 25.4% and a 50.4% success rate. Nash covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Sagimet Biosciences, Inc. Class A, and Rani Therapeutics Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardiol Therapeutics with a $8.50 average price target, a 534.3% upside from current levels. In a report issued on May 12, H.C. Wainwright also reiterated a Buy rating on the stock with a $9.00 price target.

Fortress Biotech (FBIO)

In a report released today, Scott Henry from Alliance Global Partners maintained a Buy rating on Fortress Biotech, with a price target of $5.00. The company’s shares closed last Friday at $2.41.

According to TipRanks.com, Henry has 0 stars on 0-5 stars ranking scale with an average return of -3.2% and a 37.3% success rate. Henry covers the Healthcare sector, focusing on stocks such as Journey Medical Corp, Palatin Technologies, and Tenon Medical, Inc. ;'>

Fortress Biotech has an analyst consensus of Moderate Buy, with a price target consensus of $11.00.

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