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Analysts Offer Insights on Healthcare Companies: Precision BioSciences (DTIL) and Adicet Bio (ACET)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Precision BioSciences (DTILResearch Report) and Adicet Bio (ACETResearch Report) with bullish sentiments.

Precision BioSciences (DTIL)

In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Precision BioSciences, with a price target of $60.00. The company’s shares closed last Wednesday at $12.12.

According to TipRanks.com, Trucchio is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.9% and a 29.2% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Milestone Pharmaceuticals, Longboard Pharmaceuticals, and Arrowhead Pharmaceuticals.

Precision BioSciences has an analyst consensus of Strong Buy, with a price target consensus of $34.60, which is a 190.3% upside from current levels. In a report issued on April 30, Guggenheim also initiated coverage with a Buy rating on the stock with a $19.00 price target.

See the top stocks recommended by analysts >>

Adicet Bio (ACET)

In a report released today, Edward White from H.C. Wainwright reiterated a Buy rating on Adicet Bio, with a price target of $10.00. The company’s shares closed last Wednesday at $1.41, close to its 52-week low of $1.10.

According to TipRanks.com, White has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.1% and a 33.7% success rate. White covers the Healthcare sector, focusing on stocks such as 60 Degrees Pharmaceuticals, Inc., Karyopharm Therapeutics, and Inhibikase Therapeutics.

Adicet Bio has an analyst consensus of Strong Buy, with a price target consensus of $9.20, a 552.5% upside from current levels. In a report issued on May 13, JonesTrading also maintained a Buy rating on the stock with a $6.00 price target.

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