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Analysts Offer Insights on Healthcare Companies: Xencor (XNCR) and Neurogene (NGNE)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Xencor (XNCRResearch Report) and Neurogene (NGNEResearch Report) with bullish sentiments.

Xencor (XNCR)

In a report released yesterday, Tara Bancroft from TD Cowen maintained a Buy rating on Xencor. The company’s shares closed last Friday at $22.48.

According to TipRanks.com, Bancroft is a 4-star analyst with an average return of 33.9% and a 44.0% success rate. Bancroft covers the Healthcare sector, focusing on stocks such as Telix Pharmaceuticals Ltd., Alpine Immune Sciences, and Fusion Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xencor with a $35.89 average price target, implying a 52.1% upside from current levels. In a report issued on May 9, RBC Capital also maintained a Buy rating on the stock with a $32.00 price target.

See the top stocks recommended by analysts >>

Neurogene (NGNE)

In a report released yesterday, Ritu Baral from TD Cowen maintained a Buy rating on Neurogene. The company’s shares closed last Friday at $32.50.

According to TipRanks.com, Baral is a 4-star analyst with an average return of 6.6% and a 43.5% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Milestone Pharmaceuticals.

Neurogene has an analyst consensus of Strong Buy, with a price target consensus of $48.33, which is a 44.7% upside from current levels. In a report issued on April 29, Leerink Partners also initiated coverage with a Buy rating on the stock with a $46.00 price target.

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