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Analysts Offer Insights on Healthcare Companies: C4 Therapeutics (CCCC), ACADIA Pharmaceuticals (ACAD) and Disc Medicine (IRON)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on C4 Therapeutics (CCCCResearch Report), ACADIA Pharmaceuticals (ACADResearch Report) and Disc Medicine (IRONResearch Report).

C4 Therapeutics (CCCC)

In a report issued on May 10, Bradley Canino from Stifel Nicolaus maintained a Buy rating on C4 Therapeutics, with a price target of $14.00. The company’s shares closed last Friday at $6.16.

According to TipRanks.com, Canino is a 4-star analyst with an average return of 5.5% and a 47.2% success rate. Canino covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Deciphera Pharmaceuticals, and Zentalis Pharmaceuticals.

Currently, the analyst consensus on C4 Therapeutics is a Moderate Buy with an average price target of $12.57.

See Insiders’ Hot Stocks on TipRanks >>

ACADIA Pharmaceuticals (ACAD)

Stifel Nicolaus analyst Paul Matteis maintained a Hold rating on ACADIA Pharmaceuticals on May 10 and set a price target of $21.00. The company’s shares closed last Friday at $15.25, close to its 52-week low of $15.11.

According to TipRanks.com, Matteis is a 4-star analyst with an average return of 6.8% and a 45.3% success rate. Matteis covers the Healthcare sector, focusing on stocks such as Lexeo Therapeutics, Inc., BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

ACADIA Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $28.28, an 84.8% upside from current levels. In a report issued on May 6, Oppenheimer also maintained a Hold rating on the stock with a $19.00 price target.

Disc Medicine (IRON)

Stifel Nicolaus analyst Benjamin Burnett maintained a Buy rating on Disc Medicine on May 10 and set a price target of $72.00. The company’s shares closed last Friday at $30.36, close to its 52-week low of $25.60.

According to TipRanks.com, Burnett has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.1% and a 33.3% success rate. Burnett covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Crispr Therapeutics AG, and eFFECTOR Therapeutics.

Currently, the analyst consensus on Disc Medicine is a Strong Buy with an average price target of $53.88, implying a 74.7% upside from current levels. In a report issued on May 9, BMO Capital also maintained a Buy rating on the stock with a $50.00 price target.

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