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Analysts Offer Insights on Healthcare Companies: AbSci (ABSI), HilleVax, Inc (HLVX) and Cabaletta Bio (CABA)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on AbSci (ABSIResearch Report), HilleVax, Inc (HLVXResearch Report) and Cabaletta Bio (CABAResearch Report).

AbSci (ABSI)

In a report released yesterday, Daniel Arias from Stifel Nicolaus maintained a Hold rating on AbSci, with a price target of $6.00. The company’s shares closed last Monday at $5.06.

According to TipRanks.com, Arias ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.6% and a 41.1% success rate. Arias covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Guardant Health, and Mettler-Toledo.

Currently, the analyst consensus on AbSci is a Strong Buy with an average price target of $8.00.

See Insiders’ Hot Stocks on TipRanks >>

HilleVax, Inc (HLVX)

Stifel Nicolaus analyst Stephen Willey maintained a Buy rating on HilleVax, Inc yesterday and set a price target of $34.00. The company’s shares closed last Monday at $16.42.

According to TipRanks.com, Willey is a 4-star analyst with an average return of 9.1% and a 42.5% success rate. Willey covers the Healthcare sector, focusing on stocks such as AbCellera Biologics, IGM Biosciences, and Vor Biopharma.

HilleVax, Inc has an analyst consensus of Strong Buy, with a price target consensus of $30.00, implying a 79.1% upside from current levels. In a report issued on March 21, H.C. Wainwright also reiterated a Buy rating on the stock with a $28.00 price target.

Cabaletta Bio (CABA)

In a report released yesterday, Benjamin Burnett from Stifel Nicolaus maintained a Buy rating on Cabaletta Bio, with a price target of $32.00. The company’s shares closed last Monday at $16.79.

According to TipRanks.com, Burnett is a 1-star analyst with an average return of -1.2% and a 38.5% success rate. Burnett covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Allogene Therapeutics, and eFFECTOR Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cabaletta Bio with a $33.20 average price target, which is an 87.5% upside from current levels. In a report issued on March 21, TD Cowen also maintained a Buy rating on the stock.

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