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Analysts Are Bullish on Top Healthcare Stocks: BioCryst (BCRX), Zymeworks (ZYME)

Tipranks - Wed Jul 1, 7:34AM CDT

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

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BioCryst (BCRX)

In a report released today, Laura Chico from Wedbush maintained a Buy rating on BioCryst, with a price target of $21.00. The company’s shares closed last Monday at $9.55.

According to TipRanks.com, Chico is a 5-star analyst with an average return of 14.6% and a 54.3% success rate. Chico covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and Sionna Therapeutics, Inc. ;'>

BioCryst has an analyst consensus of Strong Buy, with a price target consensus of $24.14, implying a 144.1% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $29.00 price target.

See today’s best-performing stocks on TipRanks >>

Zymeworks (ZYME)

Truist Financial analyst Gregory Renza maintained a Buy rating on Zymeworks today. The company’s shares closed last Monday at $24.10.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 18.2% and a 50.9% success rate. Renza covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, Perspective Therapeutics, and Abivax SA Sponsored ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zymeworks with a $38.17 average price target, a 64.5% upside from current levels. In a report issued on June 28, Stifel Nicolaus also maintained a Buy rating on the stock.

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