There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Vir Biotechnology (VIR) and Xenon (XENE) with bullish sentiments.
Vir Biotechnology (VIR)
Needham analyst Joseph Stringer assigned a Buy rating to Vir Biotechnology today and set a price target of $80.00. The company’s shares closed last Thursday at $45.04.
According to TipRanks.com, Stringer is ranked 0 out of 5 stars with an average return of -7.3% and a 31.6% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Lexicon Pharmaceuticals, and Phathom Pharmaceuticals.
Currently, the analyst consensus on Vir Biotechnology is a Moderate Buy with an average price target of $81.40.
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Xenon (XENE)
Needham analyst Serge Belanger assigned a Buy rating to Xenon today and set a price target of $25.00. The company’s shares closed last Thursday at $20.00, close to its 52-week high of $21.94.
According to TipRanks.com, Belanger is a 4-star analyst with an average return of 9.0% and a 49.5% success rate. Belanger covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Collegium Pharmaceutical, and KalVista Pharmaceuticals.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xenon with a $27.00 average price target.
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