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Analysts Offer Insights on Healthcare Companies: CG Oncology, Inc. (CGON) and Disc Medicine (IRON)

Tipranks - Sat Jan 17, 7:44AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on CG Oncology, Inc. (CGONResearch Report) and Disc Medicine (IRONResearch Report) with bullish sentiments.

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CG Oncology, Inc. (CGON)

Bank of America Securities analyst Alec Stranahan reiterated a Buy rating on CG Oncology, Inc. today and set a price target of $65.00. The company’s shares closed last Thursday at $53.07.

According to TipRanks.com, Stranahan is a 4-star analyst with an average return of 8.7% and a 53.7% success rate. Stranahan covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Recursion Pharmaceuticals, and Perspective Therapeutics. ;'>

Currently, the analyst consensus on CG Oncology, Inc. is a Strong Buy with an average price target of $76.67, a 36.4% upside from current levels. In a report issued on January 12, Goldman Sachs also maintained a Buy rating on the stock with a $82.00 price target.

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Disc Medicine (IRON)

In a report released today, Danielle Brill from Truist Financial maintained a Buy rating on Disc Medicine. The company’s shares closed last Thursday at $71.04.

According to TipRanks.com, Brill is a 5-star analyst with an average return of 13.3% and a 52.8% success rate. Brill covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Centessa Pharmaceuticals, and Palvella Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Disc Medicine with a $121.10 average price target, a 67.1% upside from current levels. In a report issued on January 8, Morgan Stanley also maintained a Buy rating on the stock with a $120.00 price target.

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