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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Mar 3, 11:34AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on CG Oncology, Inc. (CGONResearch Report) and Intellia Therapeutics (NTLAResearch Report) with bullish sentiments.

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CG Oncology, Inc. (CGON)

JonesTrading analyst Soumit Roy maintained a Buy rating on CG Oncology, Inc. today and set a price target of $85.00. The company’s shares closed last Monday at $58.81.

According to TipRanks.com, Roy is ranked 0 out of 5 stars with an average return of -8.1% and a 31.0% success rate. Roy covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Day One Biopharmaceuticals, and Bicara Therapeutics Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CG Oncology, Inc. with a $83.17 average price target, which is a 45.6% upside from current levels. In a report issued on February 19, Cantor Fitzgerald also maintained a Buy rating on the stock with a $100.00 price target.

See the top stocks recommended by analysts >>

Intellia Therapeutics (NTLA)

William Blair analyst Myles Minter upgraded Intellia Therapeutics to Buy today. The company’s shares closed last Monday at $15.00.

According to TipRanks.com, Minter is a 5-star analyst with an average return of 31.7% and a 62.2% success rate. Minter covers the Healthcare sector, focusing on stocks such as CAMP4 Therapeutics Corporation, Neumora Therapeutics, Inc., and Entrada Therapeutics Inc. ;'>

Currently, the analyst consensus on Intellia Therapeutics is a Moderate Buy with an average price target of $17.10, implying a 24.0% upside from current levels. In a report issued on February 26, TD Cowen also maintained a Buy rating on the stock.

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