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Analysts Offer Insights on Healthcare Companies: Fractyl Health, Inc. (GUTS), Ionis Pharmaceuticals (IONS) and Axsome Therapeutics (AXSM)

Tipranks - Fri Feb 27, 9:56AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Fractyl Health, Inc. (GUTSResearch Report), Ionis Pharmaceuticals (IONSResearch Report) and Axsome Therapeutics (AXSMResearch Report) with bullish sentiments.

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Fractyl Health, Inc. (GUTS)

H.C. Wainwright analyst Joseph Pantginis maintained a Buy rating on Fractyl Health, Inc. today and set a price target of $8.00. The company’s shares closed last Thursday at $0.47.

According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 12.0% and a 46.2% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Adlai Nortye Ltd. Sponsored ADR, NewAmsterdam Pharma Company, and XOMA Royalty Corporation. ;'>

Fractyl Health, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $5.00.

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Ionis Pharmaceuticals (IONS)

RBC Capital analyst Luca Issi maintained a Buy rating on Ionis Pharmaceuticals yesterday and set a price target of $95.00. The company’s shares closed last Thursday at $79.18.

According to TipRanks.com, Issi is a 1-star analyst with an average return of -2.1% and a 39.2% success rate. Issi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Ultragenyx Pharmaceutical, and BioMarin Pharmaceutical. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ionis Pharmaceuticals with a $94.93 average price target, representing a 18.2% upside. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

Axsome Therapeutics (AXSM)

Cantor Fitzgerald analyst Pete Stavropoulos maintained a Buy rating on Axsome Therapeutics yesterday and set a price target of $220.00. The company’s shares closed last Thursday at $161.19.

According to TipRanks.com, Stavropoulos is a 4-star analyst with an average return of 11.1% and a 40.0% success rate. Stavropoulos covers the Healthcare sector, focusing on stocks such as Rezolute, CervoMed, and Novavax. ;'>

Currently, the analyst consensus on Axsome Therapeutics is a Strong Buy with an average price target of $221.87, representing a 35.4% upside. In a report issued on February 23, Wolfe Research also initiated coverage with a Buy rating on the stock with a $230.00 price target.

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