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Analysts Offer Insights on Healthcare Companies: United Therapeutics (UTHR), Fate Therapeutics (FATE) and Edgewise Therapeutics (EWTX)

Tipranks - Sat Jun 6, 12:28PM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on United Therapeutics (UTHR), Fate Therapeutics (FATE) and Edgewise Therapeutics (EWTX).

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United Therapeutics (UTHR)

Morgan Stanley analyst Terence Flynn maintained a Hold rating on United Therapeutics yesterday and set a price target of $516.00. The company’s shares closed last Friday at $547.17.

According to TipRanks.com, Flynn is a 5-star analyst with an average return of 9.9% and a 57.6% success rate. Flynn covers the Healthcare sector, focusing on stocks such as Arvinas Holding Company, Vertex Pharmaceuticals, and Intellia Therapeutics. ;'>

United Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $665.90.

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Fate Therapeutics (FATE)

In a report released today, Edward Tenthoff from Piper Sandler reiterated a Buy rating on Fate Therapeutics, with a price target of $6.00. The company’s shares closed last Friday at $2.01.

According to TipRanks.com, Tenthoff is a 4-star analyst with an average return of 3.6% and a 40.2% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as CAMP4 Therapeutics Corporation, Arrowhead Pharmaceuticals, and Milestone Pharmaceuticals. ;'>

Fate Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $4.78, implying a 122.3% upside from current levels. In a report issued on May 26, H.C. Wainwright also reiterated a Buy rating on the stock with a $7.00 price target.

Edgewise Therapeutics (EWTX)

J.P. Morgan analyst Tessa Romero assigned a Buy rating to Edgewise Therapeutics today and set a price target of $53.00. The company’s shares closed last Friday at $35.53, close to its 52-week high of $38.12.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 15.9% and a 50.0% success rate. Romero covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., EyePoint Pharmaceuticals, and Rocket Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Edgewise Therapeutics with a $46.89 average price target, a 25.8% upside from current levels. In a report issued on June 2, TipRanks – Google also upgraded the stock to Buy with a $38.00 price target.

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