Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Incyte (INCY) and Kala Pharmaceuticals (KALA).
Incyte (INCY)
In a report released today, Mara Goldstein from Mizuho Securities maintained a Hold rating on Incyte, with a price target of $95.00. The company’s shares closed last Friday at $83.76.
According to TipRanks.com, Goldstein is a 4-star analyst with an average return of 10.5% and a 34.4% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Corvus Pharmaceuticals.
Currently, the analyst consensus on Incyte is a Moderate Buy with an average price target of $101.13.
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Kala Pharmaceuticals (KALA)
In a report released today, Francois Brisebois from Oppenheimer maintained a Buy rating on Kala Pharmaceuticals, with a price target of $22.00. The company’s shares closed last Friday at $5.98, close to its 52-week low of $4.90.
According to TipRanks.com, Brisebois is a 2-star analyst with an average return of 2.5% and a 32.7% success rate. Brisebois covers the Healthcare sector, focusing on stocks such as Avadel Pharmaceuticals, Diamedica Therapeutics, and Flexion Therapeutics.
Kala Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $23.80, representing a 320.5% upside. In a report released yesterday, Wedbush also reiterated a Buy rating on the stock with a $49.00 price target.
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