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Analysts Offer Insights on Healthcare Companies: Cytokinetics (CYTK) and Rocket Pharmaceuticals (RCKT)

Tipranks - Mon May 11, 6:20PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cytokinetics (CYTK) and Rocket Pharmaceuticals (RCKT) with bullish sentiments.

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Cytokinetics (CYTK)

In a report issued on May 5, Tessa Romero from J.P. Morgan maintained a Buy rating on Cytokinetics, with a price target of $92.00. The company’s shares closed last Friday at $76.91.

According to TipRanks.com, Romero is a 5-star analyst with an average return of 19.1% and a 52.4% success rate. Romero covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, ACADIA Pharmaceuticals, and Rocket Pharmaceuticals. ;'>

Currently, the analyst consensus on Cytokinetics is a Strong Buy with an average price target of $99.65, implying a 33.7% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $82.00 price target.

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Rocket Pharmaceuticals (RCKT)

In a report released today, Geulah Livshits from Chardan Capital reiterated a Buy rating on Rocket Pharmaceuticals, with a price target of $11.00. The company’s shares closed last Friday at $3.63.

According to TipRanks.com, Livshits is a 4-star analyst with an average return of 9.8% and a 37.9% success rate. Livshits covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Iovance Biotherapeutics, and Crispr Therapeutics AG. ;'>

Rocket Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $9.67, a 156.5% upside from current levels. In a report issued on April 28, LifeSci Capital also maintained a Buy rating on the stock with a $12.00 price target.

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