There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cara Therapeutics (CARA – Research Report) and Penumbra (PEN – Research Report) with bullish sentiments.
Cara Therapeutics (CARA)
Needham analyst Joseph Stringer reiterated a Buy rating on Cara Therapeutics today and set a price target of $26.00. The company’s shares closed last Thursday at $9.37.
According to TipRanks.com, Stringer is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Cara Therapeutics is a Moderate Buy with an average price target of $28.00.
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Penumbra (PEN)
BTIG analyst Ryan Zimmerman maintained a Buy rating on Penumbra today and set a price target of $272.00. The company’s shares closed last Thursday at $125.34, close to its 52-week low of $114.87.
According to TipRanks.com, Zimmerman is a 4-star analyst with an average return of
Currently, the analyst consensus on Penumbra is a Strong Buy with an average price target of $250.40.
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