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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Apr 14, 7:54AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Spyre Therapeutics (SYRE) and Regeneron (REGN) with bullish sentiments.

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Spyre Therapeutics (SYRE)

JonesTrading analyst Debanjana Chatterjee maintained a Buy rating on Spyre Therapeutics today and set a price target of $64.00. The company’s shares closed last Friday at $51.29.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 38.2% and a 58.6% success rate. Chatterjee covers the Healthcare sector, focusing on stocks such as Contineum Therapeutics, Inc. Class A, Sagimet Biosciences, Inc. Class A, and Sionna Therapeutics, Inc. ;'>

Spyre Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $65.22, which is a 26.9% upside from current levels. In a report issued on April 9, LifeSci Capital also maintained a Buy rating on the stock with a $64.00 price target.

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Regeneron (REGN)

In a report released today, Gregory Renza from Truist Financial maintained a Buy rating on Regeneron. The company’s shares closed last Friday at $748.87.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 17.8% and a 46.4% success rate. Renza covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, Perspective Therapeutics, and Abivax SA Sponsored ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Regeneron with a $876.36 average price target, which is a 13.6% upside from current levels. In a report issued on March 31, Piper Sandler also initiated coverage with a Buy rating on the stock with a $875.00 price target.

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