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Analysts Are Bullish on These Healthcare Stocks: Rhythm Pharmaceuticals (RYTM), BeOne Medicines (ONC)

Tipranks - Tue Mar 3, 6:45AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Rhythm Pharmaceuticals (RYTMResearch Report), BeOne Medicines (ONCResearch Report) and CG Oncology, Inc. (CGONResearch Report) with bullish sentiments.

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Rhythm Pharmaceuticals (RYTM)

In a report released today, Paul Matteis from Stifel Nicolaus maintained a Buy rating on Rhythm Pharmaceuticals, with a price target of $131.00. The company’s shares closed last Friday at $92.73.

According to TipRanks.com, Matteis is a 5-star analyst with an average return of 14.4% and a 48.9% success rate. Matteis covers the Healthcare sector, focusing on stocks such as MapLight Therapeutics, Inc., Rapport Therapeutics, Inc., and KalVista Pharmaceuticals. ;'>

Currently, the analyst consensus on Rhythm Pharmaceuticals is a Strong Buy with an average price target of $141.36, implying a 46.2% upside from current levels. In a report issued on February 18, RBC Capital also initiated coverage with a Buy rating on the stock with a $145.00 price target.

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BeOne Medicines (ONC)

CMB International Securities analyst Jill Wu maintained a Buy rating on BeOne Medicines today and set a price target of $392.43. The company’s shares closed last Friday at $316.99.

According to TipRanks.com, Wu is a 5-star analyst with an average return of 34.1% and a 56.5% success rate. Wu covers the Healthcare sector, focusing on stocks such as CSPC Pharmaceutical Group, Thermo Fisher, and Pfizer. ;'>

Currently, the analyst consensus on BeOne Medicines is a Strong Buy with an average price target of $408.49, implying a 28.2% upside from current levels. In a report issued on February 26, TipRanks – OpenAI also upgraded the stock to Buy with a $387.00 price target.

CG Oncology, Inc. (CGON)

RBC Capital analyst Leonid Timashev maintained a Buy rating on CG Oncology, Inc. on February 27 and set a price target of $73.00. The company’s shares closed last Friday at $58.80.

According to TipRanks.com, Timashev is a 5-star analyst with an average return of 18.2% and a 52.7% success rate. Timashev covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Perspective Therapeutics, and Edgewise Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CG Oncology, Inc. with a $83.27 average price target, representing a 49.3% upside. In a report issued on February 13, Piper Sandler also maintained a Buy rating on the stock with a $70.00 price target.

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