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Analysts Offer Insights on Healthcare Companies: Inari Medical (NARI) and Axsome Therapeutics (AXSM)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Inari Medical (NARIResearch Report) and Axsome Therapeutics (AXSMResearch Report).

Inari Medical (NARI)

In a report released today, Travis Steed from Bank of America Securities maintained a Buy rating on Inari Medical, with a price target of $105.00. The company’s shares closed last Friday at $58.62, close to its 52-week low of $50.50.

According to TipRanks.com, Steed is a 4-star analyst with an average return of 14.2% and a 57.9% success rate. Steed covers the Healthcare sector, focusing on stocks such as Tandem Diabetes Care, Baxter International, and Edwards Lifesciences.

Inari Medical has an analyst consensus of Strong Buy, with a price target consensus of $88.33.

See Insiders’ Hot Stocks on TipRanks >>

Axsome Therapeutics (AXSM)

Morgan Stanley analyst Vikram Purohit maintained a Hold rating on Axsome Therapeutics on February 3 and set a price target of $86.00. The company’s shares closed last Friday at $68.70.

According to TipRanks.com, Purohit is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.6% and a 18.9% success rate. Purohit covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, Foghorn Therapeutics, and Kymera Therapeutics.

Currently, the analyst consensus on Axsome Therapeutics is a Strong Buy with an average price target of $109.30.

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