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Analysts Are Bullish on These Healthcare Stocks: IO Biotech (IOBT), Iterum Therapeutics (ITRM)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on IO Biotech (IOBTResearch Report) and Iterum Therapeutics (ITRMResearch Report) with bullish sentiments.

IO Biotech (IOBT)

In a report released today, Yaron Werber from TD Cowen maintained a Buy rating on IO Biotech. The company’s shares closed last Tuesday at $1.42.

According to TipRanks.com, Werber is a 5-star analyst with an average return of 17.2% and a 56.0% success rate. Werber covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Springworks Therapeutics, and Ionis Pharmaceuticals.

IO Biotech has an analyst consensus of Strong Buy, with a price target consensus of $9.00.

See the top stocks recommended by analysts >>

Iterum Therapeutics (ITRM)

In a report released yesterday, Jason McCarthy from Maxim Group maintained a Buy rating on Iterum Therapeutics, with a price target of $7.00. The company’s shares closed last Tuesday at $1.53.

According to TipRanks.com, McCarthy is ranked 0 out of 5 stars with an average return of -16.9% and a 28.8% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Lipella Pharmaceuticals, Inc., SELLAS Life Sciences Group, and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iterum Therapeutics with a $6.50 average price target, representing a 342.2% upside. In a report issued on April 30, H.C. Wainwright also maintained a Buy rating on the stock with a $6.00 price target.

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