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Analysts Have Conflicting Sentiments on These Healthcare Companies: Palisade Bio (PALI) and Moderna (MRNA)

Tipranks - Thu Apr 2, 8:02AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Palisade Bio (PALI) and Moderna (MRNA).

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Palisade Bio (PALI)

In a report released today, Naz Rahman from Maxim Group reiterated a Buy rating on Palisade Bio, with a price target of $8.00. The company’s shares closed last Tuesday at $1.75, close to its 52-week low of $0.65.

According to TipRanks.com, Rahman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -11.0% and a 34.3% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Quoin Pharmaceuticals, and Silexion Therapeutics. ;'>

Palisade Bio has an analyst consensus of Strong Buy, with a price target consensus of $10.67, a 502.8% upside from current levels. In a report issued on March 26, H.C. Wainwright also initiated coverage with a Buy rating on the stock with a $7.00 price target.

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Moderna (MRNA)

In a report released yesterday, Salveen Richter from Goldman Sachs maintained a Hold rating on Moderna, with a price target of $41.00. The company’s shares closed last Tuesday at $50.80, close to its 52-week low of $29.25.

According to TipRanks.com, Richter is a 5-star analyst with an average return of 10.8% and a 46.8% success rate. Richter covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, 4D Molecular Therapeutics, and Vertex Pharmaceuticals. ;'>

Currently, the analyst consensus on Moderna is a Hold with an average price target of $37.67, implying a -23.2% downside from current levels. In a report issued on March 16, Bernstein also maintained a Hold rating on the stock with a $45.00 price target.

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