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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Thu May 14, 2:36AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Organigram Global (OGI), Ovid Therapeutics (OVID) and Kyverna Therapeutics, Inc. (KYTX) with bullish sentiments.

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Organigram Global (OGI)

In a report released yesterday, Neal Gilmer from Haywood maintained a Buy rating on Organigram Global, with a price target of C$3.25. The company’s shares closed last Tuesday at $1.11, close to its 52-week low of $0.96.

According to TipRanks.com, Gilmer is a 2-star analyst with an average return of 0.6% and a 43.9% success rate. Gilmer covers the Healthcare sector, focusing on stocks such as Ascend Wellness Holdings LLC, Decibel Cannabis Company, and Green Thumb Industries. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Organigram Global with a $2.69 average price target, a 145.7% upside from current levels. In a report released yesterday, Alliance Global Partners also maintained a Buy rating on the stock with a C$4.00 price target.

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Ovid Therapeutics (OVID)

TD Cowen analyst Ritu Baral maintained a Buy rating on Ovid Therapeutics yesterday. The company’s shares closed last Tuesday at $2.87.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 47.7% and a 54.0% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Sionna Therapeutics, Inc. ;'>

Ovid Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $5.00, implying a 79.9% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

Kyverna Therapeutics, Inc. (KYTX)

William Blair analyst Sami Corwin maintained a Buy rating on Kyverna Therapeutics, Inc. today. The company’s shares closed last Tuesday at $10.23.

According to TipRanks.com, Corwin is a 5-star analyst with an average return of 22.8% and a 59.2% success rate. Corwin covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Rocket Pharmaceuticals, and Crispr Therapeutics AG. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kyverna Therapeutics, Inc. with a $29.00 average price target.

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