Analysts Offer Insights on Healthcare Companies: Zymeworks (ZYME), Celldex (CLDX) and ACADIA Pharmaceuticals (ACAD)
There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Zymeworks (ZYME), Celldex (CLDX) and ACADIA Pharmaceuticals (ACAD) with bullish sentiments.
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Zymeworks (ZYME)
In a report released yesterday, Eva Fortea Verdejo from Wells Fargo maintained a Buy rating on Zymeworks, with a price target of $37.00. The company’s shares closed last Monday at $24.10.
According to TipRanks.com, Verdejo is a 5-star analyst with an average return of
Zymeworks has an analyst consensus of Strong Buy, with a price target consensus of $37.33, implying a 60.8% upside from current levels. In a report issued on June 18, Truist Financial also maintained a Buy rating on the stock.
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Celldex (CLDX)
Wells Fargo analyst Derek Archila reiterated a Buy rating on Celldex yesterday and set a price target of $54.00. The company’s shares closed last Monday at $37.44.
According to TipRanks.com, Archila is a 5-star analyst with an average return of
Celldex has an analyst consensus of Strong Buy, with a price target consensus of $51.10, implying a 44.7% upside from current levels. In a report issued on June 14, Wolfe Research also maintained a Buy rating on the stock with a $44.00 price target.
ACADIA Pharmaceuticals (ACAD)
In a report released yesterday, Tazeen Ahmad from Bank of America Securities reiterated a Buy rating on ACADIA Pharmaceuticals, with a price target of $30.00. The company’s shares closed last Monday at $25.20.
According to TipRanks.com, Ahmad is a 5-star analyst with an average return of
Currently, the analyst consensus on ACADIA Pharmaceuticals is a Moderate Buy with an average price target of $32.43, a 27.7% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $28.00 price target.
Read More on ZYME:
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- Zymeworks’ TBPH Acquisition Seen as Cash-Flow Accretive, Supports Buy Rating and Unchanged $34 Price Target
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- Zymeworks to Acquire Theravance in Strategic Merger
- M&A News: Biotech Group Zymeworks Buys Lung Disease-Fighting Peer Theravance for $1B
- Theravance Biopharma to be acquired by Zymeworks for $17.00 per share in cash
