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Analysts’ Top Healthcare Picks: Inventiva (IVA), Tenaya Therapeutics (TNYA)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Inventiva (IVAResearch Report) and Tenaya Therapeutics (TNYAResearch Report) with bullish sentiments.

Inventiva (IVA)

Canaccord Genuity analyst Edward Nash maintained a Buy rating on Inventiva today and set a price target of $12.00. The company’s shares closed last Monday at $4.36.

According to TipRanks.com, Nash is a 3-star analyst with an average return of 1.1% and a 36.5% success rate. Nash covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Madrigal Pharmaceuticals, and Corcept Therapeutics.

Currently, the analyst consensus on Inventiva is a Strong Buy with an average price target of $18.25, implying a 333.5% upside from current levels. In a report issued on March 7, LifeSci Capital also maintained a Buy rating on the stock with a $14.00 price target.

See the top stocks recommended by analysts >>

Tenaya Therapeutics (TNYA)

Canaccord Genuity analyst Whitney Ijem maintained a Buy rating on Tenaya Therapeutics yesterday and set a price target of $19.00. The company’s shares closed last Monday at $4.82.

According to TipRanks.com, Ijem is a 5-star analyst with an average return of 24.2% and a 59.0% success rate. Ijem covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

Tenaya Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $14.67, which is a 197.6% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock.

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