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Analysts Are Bullish on These Healthcare Stocks: Relay Therapeutics (RLAY), Kura Oncology (KURA)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Relay Therapeutics (RLAYResearch Report) and Kura Oncology (KURAResearch Report) with bullish sentiments.

Relay Therapeutics (RLAY)

JMP Securities analyst Silvan Tuerkcan reiterated a Buy rating on Relay Therapeutics today and set a price target of $24.00. The company’s shares closed last Friday at $7.04.

According to TipRanks.com, Tuerkcan is a 4-star analyst with an average return of 8.0% and a 36.7% success rate. Tuerkcan covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Crispr Therapeutics AG, and Intellia Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Relay Therapeutics with a $22.43 average price target, representing a 157.5% upside. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $25.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Kura Oncology (KURA)

JMP Securities analyst Reni Benjamin maintained a Buy rating on Kura Oncology today and set a price target of $32.00. The company’s shares closed last Friday at $20.63.

According to TipRanks.com, Benjamin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.2% and a 35.3% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Iovance Biotherapeutics, and Allogene Therapeutics.

Currently, the analyst consensus on Kura Oncology is a Strong Buy with an average price target of $31.09, which is a 51.3% upside from current levels. In a report issued on May 3, Barclays also maintained a Buy rating on the stock with a $32.00 price target.

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