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Analysts Are Bullish on Top Healthcare Stocks: Travere Therapeutics (TVTX), Insmed (INSM)

Tipranks - Tue Feb 24, 8:37AM CST

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

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Travere Therapeutics (TVTX)

In a report released today, Edward Nash from Canaccord Genuity maintained a Buy rating on Travere Therapeutics, with a price target of $47.00. The company’s shares closed last Friday at $30.39.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 24.0% and a 47.6% success rate. Nash covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Madrigal Pharmaceuticals, and Kiniksa Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Travere Therapeutics with a $42.73 average price target, implying a 44.9% upside from current levels. In a report issued on February 20, TipRanks – Google also upgraded the stock to Buy with a $33.00 price target.

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Insmed (INSM)

In a report released today, Graig Suvannavejh from Mizuho Securities maintained a Buy rating on Insmed, with a price target of $204.00. The company’s shares closed last Monday at $163.59.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 20.3% and a 50.0% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Neumora Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Insmed with a $217.29 average price target, representing a 35.0% upside. In a report issued on February 16, Roth MKM also maintained a Buy rating on the stock with a $212.00 price target.

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