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Analysts Are Bullish on Top Healthcare Stocks: Insmed (INSM), Sanara MedTech (SMTI)

Tipranks - Tue Jan 27, 12:00PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Insmed (INSMResearch Report) and Sanara MedTech (SMTIResearch Report) with bullish sentiments.

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Insmed (INSM)

Mizuho Securities analyst Graig Suvannavejh reiterated a Buy rating on Insmed today. The company’s shares closed last Monday at $159.59.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 15.1% and a 49.3% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Neumora Therapeutics, Inc., and Amylyx Pharmaceuticals Inc. ;'>

Insmed has an analyst consensus of Strong Buy, with a price target consensus of $220.07, representing a 42.3% upside. In a report issued on January 12, Truist Financial also maintained a Buy rating on the stock.

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Sanara MedTech (SMTI)

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on Sanara MedTech today and set a price target of $36.00. The company’s shares closed last Monday at $21.32.

According to TipRanks.com, Chen is a 3-star analyst with an average return of 2.8% and a 44.5% success rate. Chen covers the Healthcare sector, focusing on stocks such as OKYO Pharma Limited Sponsored ADR, Virax Biolabs Group Ltd. Class A, and Bausch + Lomb Corporation. ;'>

Sanara MedTech has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.

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