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Analysts Offer Insights on Healthcare Companies: Cyclo Therapeutics (CYTH), CytomX Therapeutics (CTMX) and Pacific Biosciences (PACB)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Cyclo Therapeutics (CYTHResearch Report), CytomX Therapeutics (CTMXResearch Report) and Pacific Biosciences (PACBResearch Report).

Cyclo Therapeutics (CYTH)

Cyclo Therapeutics received a Buy rating and a $2.60 price target from Ascendiant analyst Lucas Ward today. The company’s shares closed last Friday at $1.16.

According to TipRanks.com, Ward is ranked #8661 out of 8786 analysts.

Currently, the analyst consensus on Cyclo Therapeutics is a Moderate Buy with an average price target of $3.30.

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

CytomX Therapeutics (CTMX)

J.P. Morgan analyst Anupam Rama upgraded CytomX Therapeutics to Hold today. The company’s shares closed last Friday at $1.67.

According to TipRanks.com, Rama is a 4-star analyst with an average return of 3.9% and a 44.7% success rate. Rama covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Ultragenyx Pharmaceutical, and Apellis Pharmaceuticals.

Currently, the analyst consensus on CytomX Therapeutics is a Hold with an average price target of $3.06.

Pacific Biosciences (PACB)

J.P. Morgan analyst Rachel Vatnsdal maintained a Hold rating on Pacific Biosciences yesterday. The company’s shares closed last Friday at $1.55, close to its 52-week low of $1.25.

According to TipRanks.com, Vatnsdal has 0 stars on 0-5 stars ranking scale with an average return of -8.7% and a 34.4% success rate. Vatnsdal covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Patterson Companies, and Akoya Biosciences.

Pacific Biosciences has an analyst consensus of Moderate Buy, with a price target consensus of $5.15, which is a 250.3% upside from current levels. In a report issued on April 16, Nephron also downgraded the stock to Hold with a $2.00 price target.

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