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Analysts’ Top Healthcare Picks: GeneDx Holdings (WGS), Zymeworks (ZYME)

Tipranks - Fri Mar 13, 7:46AM CDT

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

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GeneDx Holdings (WGS)

In a report released today, William Bonello from Craig-Hallum maintained a Buy rating on GeneDx Holdings, with a price target of $153.00. The company’s shares closed last Wednesday at $85.10.

According to TipRanks.com, Bonello is a 5-star analyst with an average return of 26.0% and a 56.1% success rate. Bonello covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Guardant Health, and SOPHiA GENETICS. ;'>

Currently, the analyst consensus on GeneDx Holdings is a Strong Buy with an average price target of $154.13, representing a 74.7% upside. In a report issued on March 2, TipRanks – Google also upgraded the stock to Buy with a $90.00 price target.

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Zymeworks (ZYME)

Bloom Burton analyst David Martin PhD maintained a Buy rating on Zymeworks today and set a price target of $35.00. The company’s shares closed last Wednesday at $25.14.

According to TipRanks.com, PhD is a 5-star analyst with an average return of 17.7% and a 51.6% success rate. PhD covers the Healthcare sector, focusing on stocks such as Aurinia Pharmaceuticals, Cybin, and Xenon. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zymeworks with a $39.75 average price target, representing a 58.4% upside. In a report issued on February 25, Citi also maintained a Buy rating on the stock with a $35.00 price target.

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