This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Healthcare Companies: Veeva Systems (VEEV), Mineralys Therapeutics, Inc. (MLYS) and ArriVent BioPharma, Inc. (AVBP)

Tipranks - Fri Jun 5, 8:12AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Veeva Systems (VEEV), Mineralys Therapeutics, Inc. (MLYS) and ArriVent BioPharma, Inc. (AVBP) with bullish sentiments.

Claim 55% Off TipRanks

Veeva Systems (VEEV)

In a report released today, Charles Rhyee from TD Cowen maintained a Buy rating on Veeva Systems, with a price target of $235.00. The company’s shares closed last Thursday at $173.50, close to its 52-week low of $170.25.

According to TipRanks.com, Rhyee is a 4-star analyst with an average return of 3.2% and a 48.6% success rate. Rhyee covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Fortrea Holdings Inc., and Option Care Health. ;'>

Currently, the analyst consensus on Veeva Systems is a Moderate Buy with an average price target of $239.53, which is a 34.0% upside from current levels. In a report issued on May 20, TipRanks – Google also upgraded the stock to Buy with a $183.00 price target.

See the top stocks recommended by analysts >>

Mineralys Therapeutics, Inc. (MLYS)

Goldman Sachs analyst Richard Law CFA maintained a Buy rating on Mineralys Therapeutics, Inc. yesterday and set a price target of $42.00. The company’s shares closed last Thursday at $25.10.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 1.1% and a 35.5% success rate. CFA covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Bicara Therapeutics Inc., and Protagonist Therapeutics. ;'>

Currently, the analyst consensus on Mineralys Therapeutics, Inc. is a Strong Buy with an average price target of $51.17, representing a 104.2% upside. In a report issued on June 1, H.C. Wainwright also reiterated a Buy rating on the stock with a $56.00 price target.

ArriVent BioPharma, Inc. (AVBP)

JonesTrading analyst Boris Peaker maintained a Buy rating on ArriVent BioPharma, Inc. today and set a price target of $45.00. The company’s shares closed last Thursday at $29.55.

According to TipRanks.com, Peaker is a 5-star analyst with an average return of 21.2% and a 44.6% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Adlai Nortye Ltd. Sponsored ADR, Bicara Therapeutics Inc., and Monopar Therapeutics Inc. ;'>

ArriVent BioPharma, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $44.56, representing a 49.6% upside. In a report issued on May 29, Truist Financial also initiated coverage with a Buy rating on the stock with a $45.00 price target.

Read More on VEEV:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.