Analysts Offer Insights on Healthcare Companies: Beam Therapeutics (BEAM) and Karyopharm Therapeutics (KPTI)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Beam Therapeutics (BEAMResearch Report) and Karyopharm Therapeutics (KPTIResearch Report).

Beam Therapeutics (BEAM)

In a report released today, Rick Bienkowski from Leerink Partners maintained a Buy rating on Beam Therapeutics, with a price target of $121.00. The company’s shares closed last Monday at $69.49, close to its 52-week low of $56.34.

According to TipRanks.com, Bienkowski is ranked #7089 out of 7758 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Beam Therapeutics with a $122.00 average price target, representing a 73.0% upside. In a report issued on January 5, Guggenheim also initiated coverage with a Buy rating on the stock with a $130.00 price target.

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Karyopharm Therapeutics (KPTI)

In a report released today, Jonathan Chang from Leerink Partners maintained a Hold rating on Karyopharm Therapeutics, with a price target of $8.00. The company’s shares closed last Monday at $7.47.

According to TipRanks.com, Chang has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.1% and a 29.2% success rate. Chang covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Revolution Medicines, and Harpoon Therapeutics.

Currently, the analyst consensus on Karyopharm Therapeutics is a Moderate Buy with an average price target of $12.71, which is an 81.6% upside from current levels. In a report issued on January 6, RBC Capital also maintained a Hold rating on the stock with a $9.00 price target.

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