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Analysts Offer Insights on Healthcare Companies: Pfizer (PFE), Ultragenyx Pharmaceutical (RARE) and Allogene Therapeutics (ALLO)

Tipranks - Thu Aug 6, 6:14AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Pfizer (PFE), Ultragenyx Pharmaceutical (RARE) and Allogene Therapeutics (ALLO).

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Pfizer (PFE)

Citi analyst Geoff Meacham maintained a Hold rating on Pfizer today. The company’s shares closed last Tuesday at $25.41, close to its 52-week low of $24.48.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 14.2% and a 58.7% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Protagonist Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Pfizer has an analyst consensus of Hold, with a price target consensus of $28.63, which is a 14.3% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a $27.00 price target.

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Ultragenyx Pharmaceutical (RARE)

Citi analyst Yigal Nochomovitz maintained a Buy rating on Ultragenyx Pharmaceutical today and set a price target of $45.00. The company’s shares closed last Tuesday at $25.81.

According to TipRanks.com, Nochomovitz is a 5-star analyst with an average return of 13.7% and a 48.4% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as ArriVent BioPharma, Inc., EyePoint Pharmaceuticals, and Lexicon Pharmaceuticals. ;'>

Currently, the analyst consensus on Ultragenyx Pharmaceutical is a Strong Buy with an average price target of $53.50, representing an 112.4% upside. In a report issued on July 27, Bank of America Securities also maintained a Buy rating on the stock.

Allogene Therapeutics (ALLO)

William Blair analyst Sami Corwin maintained a Buy rating on Allogene Therapeutics today. The company’s shares closed last Tuesday at $1.90.

According to TipRanks.com, Corwin is a 5-star analyst with an average return of 18.4% and a 54.6% success rate. Corwin covers the Healthcare sector, focusing on stocks such as Kyverna Therapeutics, Inc., Crispr Therapeutics AG, and Zevra Therapeutics. ;'>

Allogene Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $10.00.

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