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Analysts Are Bullish on Top Healthcare Stocks: Allogene Therapeutics (ALLO), Takeda Pharmaceutical Company (TAK)

Tipranks - Wed Apr 1, 3:12AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Allogene Therapeutics (ALLO) and Takeda Pharmaceutical Company (TAK) with bullish sentiments.

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Allogene Therapeutics (ALLO)

TD Cowen analyst Tyler Van Buren reiterated a Buy rating on Allogene Therapeutics today. The company’s shares closed last Monday at $2.22.

According to TipRanks.com, Buren is a 5-star analyst with an average return of 20.6% and a 53.9% success rate. Buren covers the Healthcare sector, focusing on stocks such as Artiva Biotherapeutics, Inc., NewAmsterdam Pharma Company, and Crinetics Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Allogene Therapeutics with a $8.71 average price target, implying a 288.5% upside from current levels. In a report issued on March 20, Canaccord Genuity also maintained a Buy rating on the stock with a $14.00 price target.

See the top stocks recommended by analysts >>

Takeda Pharmaceutical Company (TAK)

In a report released yesterday, Michael Nedelcovych from TD Cowen maintained a Buy rating on Takeda Pharmaceutical Company, with a price target of $21.00. The company’s shares closed last Monday at $18.27.

According to TipRanks.com, Nedelcovych is a 1-star analyst with an average return of -4.5% and a 42.1% success rate. Nedelcovych covers the Healthcare sector, focusing on stocks such as Bausch Health Companies, Molecular Partners AG, and Coherus Biosciences. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Takeda Pharmaceutical Company with a $18.00 average price target.

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