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Analysts Offer Insights on Healthcare Companies: Century Therapeutics (IPSC), Veeva Systems (VEEV) and CytomX Therapeutics (CTMX)

Tipranks - Fri Jun 5, 8:12AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Century Therapeutics (IPSC), Veeva Systems (VEEV) and CytomX Therapeutics (CTMX).

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Century Therapeutics (IPSC)

Mizuho Securities analyst Salim Syed maintained a Buy rating on Century Therapeutics on June 2 and set a price target of $8.00. The company’s shares closed last Thursday at $2.06.

According to TipRanks.com, Syed is a 1-star analyst with an average return of -1.7% and a 42.2% success rate. Syed covers the Healthcare sector, focusing on stocks such as Maze Therapeutics, Inc., Syndax Pharmaceuticals, and Atara Biotherapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Century Therapeutics with a $5.90 average price target, implying a 185.0% upside from current levels. In a report issued on May 19, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.

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Veeva Systems (VEEV)

BMO Capital analyst Sean Dodge maintained a Hold rating on Veeva Systems yesterday and set a price target of $175.00. The company’s shares closed last Thursday at $173.50, close to its 52-week low of $170.25.

According to TipRanks.com, Dodge has 0 stars on 0-5 stars ranking scale with an average return of -6.5% and a 40.3% success rate. Dodge covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Aveanna Healthcare Holdings, and Lifestance Health Group. ;'>

Veeva Systems has an analyst consensus of Moderate Buy, with a price target consensus of $239.53, implying a 34.0% upside from current levels. In a report issued on May 20, TipRanks – xAI also downgraded the stock to Hold with a $178.00 price target.

CytomX Therapeutics (CTMX)

In a report released today, Robert Driscoll from Wedbush reiterated a Buy rating on CytomX Therapeutics, with a price target of $11.00. The company’s shares closed last Thursday at $3.25.

According to TipRanks.com, Driscoll is a 4-star analyst with an average return of 6.2% and a 39.7% success rate. Driscoll covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Monte Rosa Therapeutics, and Arvinas Holding Company. ;'>

CytomX Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $12.30.

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