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Analysts Offer Insights on Healthcare Companies: Moderna (MRNA) and Xencor (XNCR)

Tipranks - Wed Mar 25, 5:12AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Moderna (MRNA) and Xencor (XNCR).

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Moderna (MRNA)

In a report released today, Alec Stranahan from Bank of America Securities reiterated a Sell rating on Moderna, with a price target of $31.00. The company’s shares closed last Monday at $51.28, close to its 52-week low of $29.25.

According to TipRanks.com, Stranahan is a 4-star analyst with an average return of 5.0% and a 49.9% 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 Moderna is a Hold with an average price target of $36.13.

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Xencor (XNCR)

The company’s shares closed last Monday at $12.05, close to its 52-week low of $10.90.

According to TipRanks.com, Cheng is a 2-star analyst with an average return of 0.5% and a 44.6% success rate. Cheng covers the Healthcare sector, focusing on stocks such as Protagonist Therapeutics, Monte Rosa Therapeutics, and Crispr Therapeutics AG. ;'>

Currently, the analyst consensus on Xencor is a Strong Buy with an average price target of $24.72, which is a 102.5% upside from current levels. In a report issued on March 10, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $11.50 price target.

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