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Analysts Offer Insights on Healthcare Companies: Cytokinetics (CYTK), Ascendis Pharma (ASND) and Avalo Therapeutics (AVTX)

Tipranks - Fri Mar 6, 6:46AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cytokinetics (CYTKResearch Report), Ascendis Pharma (ASNDResearch Report) and Avalo Therapeutics (AVTXResearch Report) with bullish sentiments.

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Cytokinetics (CYTK)

In a report released today, Leonid Timashev from RBC Capital maintained a Buy rating on Cytokinetics, with a price target of $101.00. The company’s shares closed last Wednesday at $62.27.

According to TipRanks.com, Timashev is a 5-star analyst with an average return of 14.9% and a 50.6% success rate. Timashev covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Perspective Therapeutics, and Edgewise Therapeutics. ;'>

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $95.83, a 57.3% upside from current levels. In a report issued on February 19, Barclays also maintained a Buy rating on the stock with a $87.00 price target.

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Ascendis Pharma (ASND)

Cantor Fitzgerald analyst Li Watsek maintained a Buy rating on Ascendis Pharma yesterday and set a price target of $300.00. The company’s shares closed last Wednesday at $241.38.

According to TipRanks.com, Watsek is ranked 0 out of 5 stars with an average return of -7.7% and a 38.5% success rate. Watsek covers the Healthcare sector, focusing on stocks such as ArriVent BioPharma, Inc., Tyra Bioscience, and Zai Lab. ;'>

Currently, the analyst consensus on Ascendis Pharma is a Strong Buy with an average price target of $293.33, implying a 23.3% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $266.00 price target.

Avalo Therapeutics (AVTX)

In a report released today, Yasmeen Rahimi from Piper Sandler maintained a Buy rating on Avalo Therapeutics, with a price target of $48.00. The company’s shares closed last Wednesday at $18.36.

According to TipRanks.com, Rahimi is a 5-star analyst with an average return of 26.2% and a 45.5% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Praxis Precision Medicines, and Crinetics Pharmaceuticals. ;'>

Currently, the analyst consensus on Avalo Therapeutics is a Strong Buy with an average price target of $40.40.

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