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Analysts Are Bullish on These Healthcare Stocks: Taysha Gene Therapies (TSHA), Biogen (BIIB)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Taysha Gene Therapies (TSHAResearch Report), Biogen (BIIBResearch Report) and Regeneron (REGNResearch Report) with bullish sentiments.

Taysha Gene Therapies (TSHA)

Piper Sandler analyst Christopher Raymond maintained a Buy rating on Taysha Gene Therapies today and set a price target of $9.00. The company’s shares closed last Tuesday at $2.57.

According to TipRanks.com, Raymond is a 4-star analyst with an average return of 5.0% and a 49.6% success rate. Raymond covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Deciphera Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Taysha Gene Therapies with a $7.17 average price target, a 160.7% upside from current levels. In a report released yesterday, Jefferies also upgraded the stock to Buy with a $8.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Biogen (BIIB)

Jefferies analyst Michael Yee maintained a Buy rating on Biogen today and set a price target of $285.00. The company’s shares closed last Tuesday at $226.88.

According to TipRanks.com, Yee is a 2-star analyst with an average return of 0.3% and a 44.8% success rate. Yee covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Olema Pharmaceuticals, and Denali Therapeutics.

Biogen has an analyst consensus of Strong Buy, with a price target consensus of $289.57, a 28.1% upside from current levels. In a report issued on May 3, HSBC also maintained a Buy rating on the stock with a $342.00 price target.

Regeneron (REGN)

Jefferies analyst Akash Tewari maintained a Buy rating on Regeneron yesterday and set a price target of $1060.00. The company’s shares closed last Tuesday at $984.64, close to its 52-week high of $998.33.

According to TipRanks.com, Tewari is a 5-star analyst with an average return of 16.5% and a 54.4% success rate. Tewari covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, BioMarin Pharmaceutical, and Apellis Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regeneron with a $1055.94 average price target, which is a 7.7% upside from current levels. In a report issued on May 2, Wells Fargo also maintained a Buy rating on the stock with a $1050.00 price target.

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