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Analysts’ Top Healthcare Picks: Incyte (INCY), Zevra Therapeutics (ZVRA)

Tipranks - Wed Jun 10, 6:20AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Incyte (INCY), Zevra Therapeutics (ZVRA) and Biomea Fusion (BMEA) with bullish sentiments.

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Incyte (INCY)

In a report released today, Allison Bratzel from Piper Sandler maintained a Buy rating on Incyte, with a price target of $110.00. The company’s shares closed last Monday at $100.64.

According to TipRanks.com, Bratzel is a 5-star analyst with an average return of 37.5% and a 56.0% success rate. Bratzel covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Abivax SA Sponsored ADR, and BioMarin Pharmaceutical. ;'>

Incyte has an analyst consensus of Moderate Buy, with a price target consensus of $110.06, implying a 7.1% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $114.00 price target.

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Zevra Therapeutics (ZVRA)

In a report released today, Sumant Kulkarni from Canaccord Genuity reiterated a Buy rating on Zevra Therapeutics, with a price target of $29.00. The company’s shares closed last Monday at $12.09.

According to TipRanks.com, Kulkarni is a 4-star analyst with an average return of 7.7% and a 45.6% success rate. Kulkarni covers the Healthcare sector, focusing on stocks such as MapLight Therapeutics, Inc., ACADIA Pharmaceuticals, and Definium Therapeutics. ;'>

Zevra Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $26.00, which is a 142.8% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $34.00 price target.

Biomea Fusion (BMEA)

In a report released today, Edward Tenthoff from Piper Sandler reiterated a Buy rating on Biomea Fusion, with a price target of $7.00. The company’s shares closed last Monday at $1.15.

According to TipRanks.com, Tenthoff is a 3-star analyst with an average return of 1.5% and a 36.6% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as CAMP4 Therapeutics Corporation, Arrowhead Pharmaceuticals, and Milestone Pharmaceuticals. ;'>

Biomea Fusion has an analyst consensus of Moderate Buy, with a price target consensus of $7.20, implying a 490.2% upside from current levels. In a report issued on June 3, H.C. Wainwright also maintained a Buy rating on the stock with a $4.00 price target.

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