Analysts Offer Insights on Healthcare Companies: Praxis Precision Medicines (PRAX) and Moderna (MRNA)
Analysts have been eager to weigh in on the Healthcare sector with new ratings on Praxis Precision Medicines (PRAX) and Moderna (MRNA).
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Praxis Precision Medicines (PRAX)
In a report released today, Francois Brisebois from LifeSci Capital maintained a Buy rating on Praxis Precision Medicines, with a price target of $567.00. The company’s shares closed last Friday at $344.82.
According to TipRanks.com, Brisebois is a 3-star analyst with an average return of
Currently, the analyst consensus on Praxis Precision Medicines is a Strong Buy with an average price target of $625.31, an 89.2% upside from current levels. In a report issued on April 15, TipRanks – Google also upgraded the stock to Buy with a $381.00 price target.
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Moderna (MRNA)
William Blair analyst Myles Minter reiterated a Hold rating on Moderna today. The company’s shares closed last Friday at $50.73, close to its 52-week low of $29.25.
According to TipRanks.com, Minter is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Moderna with a $38.43 average price target, implying a -28.0% downside from current levels. In a report issued on April 21, Bernstein also maintained a Hold rating on the stock with a $45.00 price target.
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- Praxis Precision price target raised to $437 from $412 at Deutsche Bank
- Praxis Precision NDA for Ulixacaltamide in Essential Tremor
- Praxis Precision announces FDA acceptance of ulixacaltamide NDA
- Praxis Precision Medicines: Advancing CNS Pipeline and Near-Term Data Catalysts Support Buy Rating Despite Cash Burn
- Praxis Precision initiated with a Strong Buy at Raymond James
