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Analysts’ Top Healthcare Picks: Edgewise Therapeutics (EWTX), Sarepta Therapeutics (SRPT)

Tipranks - Mon Mar 16, 6:44PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Edgewise Therapeutics (EWTXResearch Report) and Sarepta Therapeutics (SRPTResearch Report) with bullish sentiments.

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Edgewise Therapeutics (EWTX)

Wedbush analyst David Nierengarten maintained a Buy rating on Edgewise Therapeutics today and set a price target of $32.00. The company’s shares closed last Friday at $29.59.

According to TipRanks.com, Nierengarten is a 5-star analyst with an average return of 15.3% and a 48.3% success rate. Nierengarten covers the Healthcare sector, focusing on stocks such as BridgeBio Oncology Therapeutics, Artiva Biotherapeutics, Inc., and Perspective Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Edgewise Therapeutics with a $39.33 average price target, implying a 30.7% upside from current levels. In a report issued on March 11, H.C. Wainwright also maintained a Buy rating on the stock with a $42.00 price target.

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Sarepta Therapeutics (SRPT)

In a report released today, Yun Zhong from Wedbush maintained a Buy rating on Sarepta Therapeutics, with a price target of $29.00. The company’s shares closed last Friday at $16.40.

According to TipRanks.com, Zhong is ranked 0 out of 5 stars with an average return of -7.0% and a 40.1% success rate. Zhong covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, CAMP4 Therapeutics Corporation, and MoonLake Immunotherapeutics. ;'>

Sarepta Therapeutics has an analyst consensus of Hold, with a price target consensus of $21.29, representing a 21.9% upside. In a report issued on March 12, Mizuho Securities also reiterated a Buy rating on the stock with a $31.00 price target.

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