There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Chiasma (CHMA) and Fate Therapeutics (FATE) with bullish sentiments.
Chiasma (CHMA)
Brookline Capital Markets analyst Kumaraguru Raja maintained a Buy rating on Chiasma today and set a price target of $13.00. The company’s shares closed last Tuesday at $3.95.
According to TipRanks.com, Raja is a 4-star analyst with an average return of 20.8% and a 47.1% success rate. Raja covers the Healthcare sector, focusing on stocks such as Monopar Therapeutics Inc, Arcturus Therapeutics, and Heat Biologics.
Chiasma has an analyst consensus of Strong Buy, with a price target consensus of $12.67, which is a 217.5% upside from current levels. In a report issued on January 11, Piper Sandler also maintained a Buy rating on the stock with a $15.00 price target.
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Fate Therapeutics (FATE)
Oppenheimer analyst Matthew Biegler assigned a Buy rating to Fate Therapeutics today and set a price target of $135.00. The company’s shares closed last Tuesday at $114.31, close to its 52-week high of $121.16.
According to TipRanks.com, Biegler is a 5-star analyst with an average return of 76.3% and a 66.7% success rate. Biegler covers the Healthcare sector, focusing on stocks such as Turning Point Therapeutics, Homology Medicines, and Aptose Biosciences.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fate Therapeutics with a $92.25 average price target, representing a -20.3% downside. In a report issued on January 15, Barclays also maintained a Buy rating on the stock with a $130.00 price target.
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