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Analysts Offer Insights on Healthcare Companies: Biogen (BIIB), Catalyst Pharma (CPRX) and Nemaura Medical (NMRD)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Biogen (BIIBResearch Report), Catalyst Pharma (CPRXResearch Report) and Nemaura Medical (NMRDResearch Report) with bullish sentiments.

Biogen (BIIB)

In a report released today, Ami Fadia from Needham reiterated a Buy rating on Biogen, with a price target of $325.00. The company’s shares closed last Tuesday at $291.88, close to its 52-week high of $311.88.

According to TipRanks.com, Fadia is a 3-star analyst with an average return of 1.1% and a 49.5% success rate. Fadia covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Day One Biopharmaceuticals, and Intra-Cellular Therapies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $318.75 average price target, implying a 9.2% upside from current levels. In a report issued on January 10, RBC Capital also maintained a Buy rating on the stock with a $362.00 price target.

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Catalyst Pharma (CPRX)

H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on Catalyst Pharma today and set a price target of $24.00. The company’s shares closed last Tuesday at $16.12.

According to TipRanks.com, Fein has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.3% and a 39.5% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Deciphera Pharmaceuticals.

Currently, the analyst consensus on Catalyst Pharma is a Strong Buy with an average price target of $22.00, implying a 48.7% upside from current levels. In a report issued on January 19, Truist Financial also maintained a Buy rating on the stock with a $22.00 price target.

Nemaura Medical (NMRD)

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on Nemaura Medical today and set a price target of $8.00. The company’s shares closed last Tuesday at $2.45.

According to TipRanks.com, Chen ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -13.2% and a 32.5% success rate. Chen covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, EyePoint Pharmaceuticals, and Greenwich LifeSciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nemaura Medical with a $10.50 average price target.

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