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Analysts Offer Insights on Healthcare Companies: Steris (STE), Arcellx Inc (ACLX) and BioCryst (BCRX)

Tipranks - Sat Jan 31, 6:24AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Steris (STEResearch Report), Arcellx Inc (ACLXResearch Report) and BioCryst (BCRXResearch Report) with bullish sentiments.

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Steris (STE)

Piper Sandler analyst Jason Bednar maintained a Buy rating on Steris today and set a price target of $300.00. The company’s shares closed last Thursday at $261.64.

According to TipRanks.com, Bednar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 39.3% success rate. Bednar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Merit Medical Systems, and Solventum Corporation. ;'>

Steris has an analyst consensus of Moderate Buy, with a price target consensus of $291.00, an 11.5% upside from current levels. In a report issued on January 25, KeyBanc also maintained a Buy rating on the stock with a $291.00 price target.

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Arcellx Inc (ACLX)

In a report released today, Geoff Meacham from Citi reiterated a Buy rating on Arcellx Inc, with a price target of $110.00. The company’s shares closed last Thursday at $68.26.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 7.5% and a 57.8% success rate. Meacham covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Amylyx Pharmaceuticals Inc, and Protagonist Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcellx Inc with a $113.46 average price target, which is a 67.7% upside from current levels. In a report issued on January 21, Canaccord Genuity also maintained a Buy rating on the stock with a $130.00 price target.

BioCryst (BCRX)

RBC Capital analyst Brian Abrahams maintained a Buy rating on BioCryst today and set a price target of $13.00. The company’s shares closed last Thursday at $6.67.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 6.0% and a 48.7% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Contineum Therapeutics, Inc. Class A, MoonLake Immunotherapeutics, and Aardvark Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BioCryst with a $19.70 average price target, which is a 195.8% upside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a $7.50 price target.

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