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Analysts Are Bullish on These Healthcare Stocks: Accolade (ACCD), PROCEPT BioRobotics (PRCT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Accolade (ACCDResearch Report), PROCEPT BioRobotics (PRCTResearch Report) and Day One Biopharmaceuticals (DAWNResearch Report) with bullish sentiments.

Accolade (ACCD)

Stifel Nicolaus analyst David Grossman maintained a Buy rating on Accolade today and set a price target of $13.00. The company’s shares closed last Thursday at $9.19.

According to TipRanks.com, Grossman is a 4-star analyst with an average return of 8.6% and a 58.3% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology, and Epam Systems.

Currently, the analyst consensus on Accolade is a Moderate Buy with an average price target of $13.38, representing a 45.9% upside. In a report issued on April 18, Leerink Partners also maintained a Buy rating on the stock with a $16.00 price target.

See today’s best-performing stocks on TipRanks >>

PROCEPT BioRobotics (PRCT)

Piper Sandler analyst Matthew O’Brien maintained a Buy rating on PROCEPT BioRobotics today and set a price target of $58.00. The company’s shares closed last Thursday at $52.28, close to its 52-week high of $54.79.

According to TipRanks.com, O’Brien is a 4-star analyst with an average return of 6.0% and a 51.8% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Orchestra BioMed Holdings, Tandem Diabetes Care, and Boston Scientific.

Currently, the analyst consensus on PROCEPT BioRobotics is a Strong Buy with an average price target of $57.50, which is a 10.8% upside from current levels. In a report issued on April 15, Truist Financial also maintained a Buy rating on the stock with a $63.00 price target.

Day One Biopharmaceuticals (DAWN)

Piper Sandler analyst Joseph Catanzaro maintained a Buy rating on Day One Biopharmaceuticals today and set a price target of $40.00. The company’s shares closed last Thursday at $13.21.

According to TipRanks.com, Catanzaro is a 4-star analyst with an average return of 7.6% and a 40.5% success rate. Catanzaro covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Acrivon Therapeutics, Inc., and Iovance Biotherapeutics.

Day One Biopharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $36.56, implying a 147.0% upside from current levels. In a report issued on April 16, Capital One Financial also maintained a Buy rating on the stock with a $40.00 price target.

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