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Analysts Offer Insights on Healthcare Companies: Recursion Pharmaceuticals (RXRX) and Penumbra (PEN)

Tipranks - Thu Feb 26, 2:12PM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Recursion Pharmaceuticals (RXRXResearch Report) and Penumbra (PENResearch Report).

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Recursion Pharmaceuticals (RXRX)

TD Cowen analyst Brendan Smith maintained a Hold rating on Recursion Pharmaceuticals today. The company’s shares closed last Wednesday at $3.88.

According to TipRanks.com, Smith is a 3-star analyst with an average return of 2.9% and a 45.1% success rate. Smith covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Ginkgo Bioworks Holdings, and AbCellera Biologics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Recursion Pharmaceuticals with a $7.75 average price target, which is a 98.2% upside from current levels. In a report released today, TipRanks – Google also downgraded the stock to Hold with a $3.50 price target.

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Penumbra (PEN)

According to TipRanks.com, Kumar is a 3-star analyst with an average return of 1.6% and a 49.8% success rate. Kumar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, West Pharmaceutical Services, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Penumbra with a $370.55 average price target.

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