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Analysts Conflicted on These Healthcare Names: Connect Biopharma Holdings (CNTB), Neumora Therapeutics, Inc. (NMRA) and Merck & Company (MRK)

Tipranks - Tue Mar 31, 8:48AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Connect Biopharma Holdings (CNTB), Neumora Therapeutics, Inc. (NMRA) and Merck & Company (MRK).

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Connect Biopharma Holdings (CNTB)

Lake Street analyst Thomas Flaten maintained a Buy rating on Connect Biopharma Holdings today and set a price target of $9.00. The company’s shares closed last Monday at $3.00.

According to TipRanks.com, Flaten is a 4-star analyst with an average return of 7.8% and a 45.5% success rate. Flaten covers the Healthcare sector, focusing on stocks such as Insight Molecular Diagnostics, Diamedica Therapeutics, and Aquestive Therapeutics. ;'>

Connect Biopharma Holdings has an analyst consensus of Strong Buy, with a price target consensus of $8.67.

See today’s best-performing stocks on TipRanks >>

Neumora Therapeutics, Inc. (NMRA)

Needham analyst Ami Fadia maintained a Buy rating on Neumora Therapeutics, Inc. today and set a price target of $8.00. The company’s shares closed last Monday at $1.95, close to its 52-week low of $1.02.

According to TipRanks.com, Fadia is a 5-star analyst with an average return of 24.1% and a 50.4% success rate. Fadia covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Praxis Precision Medicines, and Day One Biopharmaceuticals. ;'>

Neumora Therapeutics, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $10.80.

Merck & Company (MRK)

In a report released today, Steve Scala from TD Cowen maintained a Hold rating on Merck & Company, with a price target of $137.00. The company’s shares closed last Monday at $121.16.

According to TipRanks.com, Scala is a 5-star analyst with an average return of 10.6% and a 63.6% success rate. Scala covers the Healthcare sector, focusing on stocks such as GlaxoSmithKline, Eli Lilly & Co, and Roche Holding. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Merck & Company with a $132.25 average price target, a 10.5% upside from current levels. In a report issued on March 18, Bernstein also maintained a Hold rating on the stock with a EUR112.00 price target.

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