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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Rocket Pharmaceuticals (RCKT) and Moderna (MRNA)

Tipranks - Mon Apr 6, 1:22PM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Rocket Pharmaceuticals (RCKT) and Moderna (MRNA).

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Rocket Pharmaceuticals (RCKT)

In a report issued on April 2, Tessa Romero from J.P. Morgan maintained a Sell rating on Rocket Pharmaceuticals. The company’s shares closed last Thursday at $3.55.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 12.9% and a 46.7% success rate. Romero covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, ACADIA Pharmaceuticals, and Edgewise Therapeutics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rocket Pharmaceuticals with a $9.33 average price target, a 166.6% upside from current levels. In a report issued on March 27, Goldman Sachs also maintained a Sell rating on the stock with a $3.00 price target.

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Moderna (MRNA)

Bernstein analyst Courtney Breen maintained a Hold rating on Moderna on April 3. The company’s shares closed last Thursday at $49.20, close to its 52-week low of $29.25.

According to TipRanks.com, Breen is a 4-star analyst with an average return of 19.4% and a 84.1% success rate. Breen covers the Healthcare sector, focusing on stocks such as Bristol-Myers Squibb, Gilead Sciences, and Merck & Company. ;'>

Currently, the analyst consensus on Moderna is a Hold with an average price target of $37.14, which is a -22.9% downside from current levels. In a report issued on March 31, Goldman Sachs also maintained a Hold rating on the stock with a $41.00 price target.

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