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Analysts Offer Insights on Healthcare Companies: Zymeworks (ZYME) and Bioxcel Therapeutics (BTAI)

Tipranks - Sat Apr 11, 5:29AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Zymeworks (ZYME) and Bioxcel Therapeutics (BTAI) with bullish sentiments.

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Zymeworks (ZYME)

H.C. Wainwright analyst Robert Burns reiterated a Buy rating on Zymeworks today and set a price target of $46.00. The company’s shares closed last Thursday at $27.35.

According to TipRanks.com, Burns is a 5-star analyst with an average return of 15.9% and a 46.8% success rate. Burns covers the Healthcare sector, focusing on stocks such as BridgeBio Oncology Therapeutics, Bicara Therapeutics Inc., and ArriVent BioPharma, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zymeworks with a $39.75 average price target, which is a 51.3% upside from current levels. In a report issued on March 30, LifeSci Capital also maintained a Buy rating on the stock with a $34.00 price target.

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Bioxcel Therapeutics (BTAI)

H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Bioxcel Therapeutics today and set a price target of $5.00. The company’s shares closed last Thursday at $1.08.

According to TipRanks.com, Selvaraju is a 5-star analyst with an average return of 20.7% and a 52.1% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, MoonLake Immunotherapeutics, and Aardvark Therapeutics, Inc. ;'>

Currently, the analyst consensus on Bioxcel Therapeutics is a Moderate Buy with an average price target of $7.67.

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