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Analysts Offer Insights on Healthcare Companies: Crescent Biopharma (CBIO) and Viridian Therapeutics (VRDN)

Tipranks - Fri Feb 27, 4:04PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Crescent Biopharma (CBIOResearch Report) and Viridian Therapeutics (VRDNResearch Report) with bullish sentiments.

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Crescent Biopharma (CBIO)

LifeSci Capital analyst Charles Zhu maintained a Buy rating on Crescent Biopharma today and set a price target of $22.00. The company’s shares closed last Thursday at $12.35.

According to TipRanks.com, Zhu is a 5-star analyst with an average return of 27.6% and a 63.8% success rate. Zhu covers the Healthcare sector, focusing on stocks such as Compass Therapeutics, Protara Therapeutics, and Revolution Medicines. ;'>

Currently, the analyst consensus on Crescent Biopharma is a Strong Buy with an average price target of $30.14, representing a 145.2% upside. In a report issued on February 19, Piper Sandler also maintained a Buy rating on the stock with a $35.00 price target.

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Viridian Therapeutics (VRDN)

LifeSci Capital analyst Rami Katkhuda maintained a Buy rating on Viridian Therapeutics today and set a price target of $46.00. The company’s shares closed last Thursday at $29.49.

According to TipRanks.com, Katkhuda is a 5-star analyst with an average return of 30.8% and a 54.8% success rate. Katkhuda covers the Healthcare sector, focusing on stocks such as Mineralys Therapeutics, Inc., MoonLake Immunotherapeutics, and Amylyx Pharmaceuticals Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viridian Therapeutics with a $41.88 average price target, which is a 54.8% upside from current levels. In a report issued on February 17, Needham also maintained a Buy rating on the stock with a $42.00 price target.

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