Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Are Bullish on Top Healthcare Stocks: Intellia Therapeutics (NTLA), Tango Therapeutics (TNGX)

Tipranks - Fri Feb 27, 12:52PM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Intellia Therapeutics (NTLAResearch Report), Tango Therapeutics (TNGXResearch Report) and Nuvalent (NUVLResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Intellia Therapeutics (NTLA)

TD Cowen analyst Joseph Thome maintained a Buy rating on Intellia Therapeutics today. The company’s shares closed last Thursday at $13.76.

According to TipRanks.com, Thome is a 5-star analyst with an average return of 18.0% and a 56.8% success rate. Thome covers the Healthcare sector, focusing on stocks such as Rapport Therapeutics, Inc., Arrowhead Pharmaceuticals, and Entrada Therapeutics Inc. ;'>

Currently, the analyst consensus on Intellia Therapeutics is a Moderate Buy with an average price target of $16.38.

See the top stocks recommended by analysts >>

Tango Therapeutics (TNGX)

In a report released today, Laura Prendergast from Stifel Nicolaus maintained a Buy rating on Tango Therapeutics. The company’s shares closed last Thursday at $11.09, close to its 52-week high of $12.02.

According to TipRanks.com, Prendergast is a 4-star analyst with an average return of 31.3% and a 62.5% success rate. Prendergast covers the Healthcare sector, focusing on stocks such as BridgeBio Oncology Therapeutics, Black Diamond Therapeutics, and Olema Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tango Therapeutics with a $17.00 average price target, which is a 35.2% upside from current levels. In a report issued on February 23, Mizuho Securities also initiated coverage with a Buy rating on the stock with a $19.00 price target.

Nuvalent (NUVL)

LifeSci Capital analyst Charles Zhu maintained a Buy rating on Nuvalent today and set a price target of $142.00. The company’s shares closed last Thursday at $102.87.

According to TipRanks.com, Zhu is a 5-star analyst with an average return of 27.6% and a 63.8% success rate. Zhu covers the Healthcare sector, focusing on stocks such as Compass Therapeutics, Protara Therapeutics, and Revolution Medicines. ;'>

Currently, the analyst consensus on Nuvalent is a Strong Buy with an average price target of $141.20, implying a 33.4% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $126.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.