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Analysts Offer Insights on Healthcare Companies: Legend Biotech (LEGN) and PolyPid (PYPD)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Legend Biotech (LEGNResearch Report) and PolyPid (PYPDResearch Report) with bullish sentiments.

Legend Biotech (LEGN)

BMO Capital analyst Kostas Biliouris maintained a Buy rating on Legend Biotech today and set a price target of $79.00. The company’s shares closed last Monday at $52.18.

According to TipRanks.com, Biliouris is a 2-star analyst with an average return of 0.0% and a 33.3% success rate. Biliouris covers the Healthcare sector, focusing on stocks such as Crispr Therapeutics AG, Intellia Therapeutics, and Precision BioSciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Legend Biotech with a $69.67 average price target, which is a 30.1% upside from current levels. In a report issued on December 6, UBS also initiated coverage with a Buy rating on the stock with a $66.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

PolyPid (PYPD)

JMP Securities analyst Roy Buchanan reiterated a Buy rating on PolyPid today and set a price target of $3.00. The company’s shares closed last Monday at $0.73, close to its 52-week low of $0.65.

According to TipRanks.com, Buchanan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -31.2% and a 27.3% success rate. Buchanan covers the Healthcare sector, focusing on stocks such as Enanta Pharmaceuticals, Arbutus Biopharma, and Hookipa Pharma.

PolyPid has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.

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