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Analysts Offer Insights on Healthcare Companies: Ultragenyx Pharmaceutical (RARE), American Well (AMWL) and BridgeBio Pharma (BBIO)

Tipranks - Sat Feb 14, 7:14AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Ultragenyx Pharmaceutical (RAREResearch Report), American Well (AMWLResearch Report) and BridgeBio Pharma (BBIOResearch Report).

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Ultragenyx Pharmaceutical (RARE)

J.P. Morgan analyst Anupam Rama maintained a Buy rating on Ultragenyx Pharmaceutical yesterday. The company’s shares closed last Thursday at $23.50.

According to TipRanks.com, Rama is a 5-star analyst with an average return of 20.2% and a 52.1% success rate. Rama covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Maze Therapeutics, Inc., and Enanta Pharmaceuticals. ;'>

Ultragenyx Pharmaceutical has an analyst consensus of Strong Buy, with a price target consensus of $57.71, a 140.9% upside from current levels. In a report issued on January 30, Morgan Stanley also maintained a Buy rating on the stock with a $50.00 price target.

See today’s best-performing stocks on TipRanks >>

American Well (AMWL)

In a report released today, Ryan MacDonald from Needham reiterated a Hold rating on American Well. The company’s shares closed last Thursday at $4.33.

According to TipRanks.com, MacDonald has 0 stars on 0-5 stars ranking scale with an average return of -6.6% and a 37.0% success rate. MacDonald covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, Docebo, and Nerdy. ;'>

American Well has an analyst consensus of Hold, with a price target consensus of $5.33, representing a 22.0% upside. In a report released yesterday, BTIG also maintained a Hold rating on the stock.

BridgeBio Pharma (BBIO)

In a report released yesterday, William Pickering from Bernstein assigned a Buy rating to BridgeBio Pharma, with a price target of $94.00. The company’s shares closed last Thursday at $76.06.

According to TipRanks.com, Pickering is a 3-star analyst with an average return of 5.0% and a 61.2% success rate. Pickering covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, BioMarin Pharmaceutical, and Crispr Therapeutics AG. ;'>

Currently, the analyst consensus on BridgeBio Pharma is a Strong Buy with an average price target of $100.69, implying a 18.7% upside from current levels. In a report issued on January 29, TD Cowen also maintained a Buy rating on the stock with a $95.00 price target.

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