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Analysts Offer Insights on Healthcare Companies: Arrowhead Pharmaceuticals (ARWR) and Fusion Pharmaceuticals (FUSN)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Arrowhead Pharmaceuticals (ARWRResearch Report) and Fusion Pharmaceuticals (FUSNResearch Report) with bullish sentiments.

Arrowhead Pharmaceuticals (ARWR)

In a report issued on November 28, Luca Issi from RBC Capital maintained a Buy rating on Arrowhead Pharmaceuticals, with a price target of $83.00. The company’s shares closed last Wednesday at $32.20, close to its 52-week low of $26.81.

According to TipRanks.com, Issi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -17.9% and a 26.1% success rate. Issi covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Adverum Biotechnologies, and Crispr Therapeutics AG.

Currently, the analyst consensus on Arrowhead Pharmaceuticals is a Strong Buy with an average price target of $61.38, which is a 100.5% upside from current levels. In a report issued on November 28, Robert W. Baird also maintained a Buy rating on the stock with a $60.00 price target.

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Fusion Pharmaceuticals (FUSN)

In a report released yesterday, Yuan Zhi from B.Riley Financial initiated coverage with a Buy rating on Fusion Pharmaceuticals and a price target of $10.00. The company’s shares closed last Wednesday at $2.27, close to its 52-week low of $1.98.

According to TipRanks.com, Zhi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.6% and a 17.4% success rate. Zhi covers the Healthcare sector, focusing on stocks such as Actinium Pharmaceuticals, NGM Biopharmaceuticals, and IVERIC bio.

Fusion Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $9.00, representing a 286.3% upside. In a report released yesterday, SVB Securities also initiated coverage with a Buy rating on the stock with a $6.00 price target.

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