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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Wed Mar 18, 5:26AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Stoke Therapeutics (STOKResearch Report), Structure Therapeutics, Inc. Sponsored ADR (GPCRResearch Report) and Prestige Consumer Healthcare (PBHResearch Report) with bullish sentiments.

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Stoke Therapeutics (STOK)

In a report released today, Yaron Werber from TD Cowen maintained a Buy rating on Stoke Therapeutics. The company’s shares closed last Monday at $33.96.

According to TipRanks.com, Werber is a 5-star analyst with an average return of 23.3% and a 58.8% success rate. Werber covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Terns Pharmaceuticals, and Ionis Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stoke Therapeutics with a $42.00 average price target, implying a 25.1% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $40.00 price target.

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Structure Therapeutics, Inc. Sponsored ADR (GPCR)

In a report released yesterday, Samantha Semenkow from Citi reiterated a Buy rating on Structure Therapeutics, Inc. Sponsored ADR, with a price target of $100.00. The company’s shares closed last Monday at $56.65, close to its 52-week high of $62.74.

According to TipRanks.com, Semenkow is a 2-star analyst with an average return of 0.2% and a 45.0% success rate. Semenkow covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Rhythm Pharmaceuticals, and Larimar Therapeutics. ;'>

Currently, the analyst consensus on Structure Therapeutics, Inc. Sponsored ADR is a Strong Buy with an average price target of $107.00, which is an 89.1% upside from current levels. In a report issued on March 2, H.C. Wainwright also maintained a Buy rating on the stock with a $114.00 price target.

Prestige Consumer Healthcare (PBH)

William Blair analyst Jon Andersen maintained a Buy rating on Prestige Consumer Healthcare today. The company’s shares closed last Monday at $60.91.

According to TipRanks.com, Andersen is a 1-star analyst with an average return of -2.1% and a 50.3% success rate. Andersen covers the Consumer Goods sector, focusing on stocks such as Once Upon a Farm, PBC, Simply Good Foods, and J & J Snack Foods. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prestige Consumer Healthcare with a $76.00 average price target.

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