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Analysts Are Bullish on These Healthcare Stocks: Cytokinetics (CYTK), Doximity (DOCS)

Tipranks - Tue Mar 10, 6:10AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cytokinetics (CYTKResearch Report), Doximity (DOCSResearch Report) and ArriVent BioPharma, Inc. (AVBPResearch Report) with bullish sentiments.

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Cytokinetics (CYTK)

Piper Sandler analyst Yasmeen Rahimi maintained a Buy rating on Cytokinetics today and set a price target of $107.00. The company’s shares closed last Friday at $60.41.

According to TipRanks.com, Rahimi is a 5-star analyst with an average return of 27.0% and a 45.3% 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 Cytokinetics is a Strong Buy with an average price target of $93.77, representing a 52.8% upside. In a report issued on February 24, RBC Capital also maintained a Buy rating on the stock with a $101.00 price target.

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Doximity (DOCS)

In a report released today, Ryan Halsted from RBC Capital maintained a Buy rating on Doximity, with a price target of $44.00. The company’s shares closed last Friday at $25.34, close to its 52-week low of $22.96.

According to TipRanks.com, Halsted is a 1-star analyst with an average return of -5.4% and a 36.4% success rate. Halsted covers the Healthcare sector, focusing on stocks such as Privia Health Group, Healthcare Services, and Medpace Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Doximity with a $41.13 average price target, implying a 57.8% upside from current levels. In a report issued on February 25, TipRanks – Google also upgraded the stock to Buy with a $26.00 price target.

ArriVent BioPharma, Inc. (AVBP)

In a report released today, Yigal Nochomovitz from Citi maintained a Buy rating on ArriVent BioPharma, Inc., with a price target of $33.00. The company’s shares closed last Friday at $23.43.

According to TipRanks.com, Nochomovitz is a 3-star analyst with an average return of 2.2% and a 37.3% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, EyePoint Pharmaceuticals, and Lexicon Pharmaceuticals. ;'>

ArriVent BioPharma, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $43.38, representing a 70.7% upside. In a report issued on March 6, Guggenheim also maintained a Buy rating on the stock with a $45.00 price target.

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