Skip to main content

Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Mar 3, 4:06PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on EyePoint Pharmaceuticals (EYPTResearch Report) and Zymeworks (ZYMEResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

EyePoint Pharmaceuticals (EYPT)

JonesTrading analyst Debanjana Chatterjee maintained a Buy rating on EyePoint Pharmaceuticals today and set a price target of $43.00. The company’s shares closed last Monday at $18.34.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 45.3% and a 67.5% success rate. Chatterjee covers the Healthcare sector, focusing on stocks such as Contineum Therapeutics, Inc. Class A, Sagimet Biosciences, Inc. Class A, and Sionna Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EyePoint Pharmaceuticals with a $34.40 average price target, a 100.2% upside from current levels. In a report issued on February 19, Mizuho Securities also maintained a Buy rating on the stock with a $36.00 price target.

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

Zymeworks (ZYME)

In a report released today, Charles Zhu from LifeSci Capital maintained a Buy rating on Zymeworks, with a price target of $34.00. The company’s shares closed last Monday at $23.31.

According to TipRanks.com, Zhu is a 5-star analyst with an average return of 26.1% and a 62.6% success rate. Zhu covers the Healthcare sector, focusing on stocks such as Protara Therapeutics, Revolution Medicines, and Compass Therapeutics. ;'>

Zymeworks has an analyst consensus of Strong Buy, with a price target consensus of $32.80, which is a 45.5% upside from current levels. In a report issued on February 20, Citi also maintained a Buy rating on the stock with a $35.00 price target.

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.
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.