Analysts have given bullish sentiments for Outlook Therapeutics (OTLK), Pfizer (PFE), and Sagimet Biosciences (SGMT). H.C. Wainwright's Douglas Tsao reiterated a Buy rating on OTLK with a $3.00 price target. BMO Capital's Evan Seigerman maintained a Buy rating on PFE with a $30.00 price target. JonesTrading's Debanjana Chatterjee maintained a Buy rating on SGMT with a $26.00 price target. The analyst consensus for OTLK is Moderate Buy with a $5.50 average price target. The consensus for PFE is Moderate Buy with a $28.50 average price target, and SGMT has a Strong Buy consensus with a $33.83 average price target.
Analysts have expressed bullish sentiments towards Outlook Therapeutics (OTLK), Pfizer (PFE), and Sagimet Biosciences (SGMT), with several key analysts maintaining or upgrading their ratings and price targets. The latest updates from H.C. Wainwright's Douglas Tsao, BMO Capital's Evan Seigerman, and JonesTrading's Debanjana Chatterjee highlight the market's optimism for these companies.
Douglas Tsao of H.C. Wainwright reiterated a Buy rating on OTLK with a price target of $3.00, reflecting optimism around the company's pipeline and potential FDA approvals. The analyst consensus for OTLK is Moderate Buy with an average price target of $5.50 [1].
Evan Seigerman of BMO Capital maintained a Buy rating on PFE with a price target of $30.00. The consensus for PFE is Moderate Buy with an average price target of $28.50, indicating a balanced view among analysts [2]. Despite the recent mixed sentiment, the strong performance and future uncertainties have led to a Hold rating from several analysts, including Goldman Sachs and DZ BANK AG.
Debanjana Chatterjee of JonesTrading maintained a Buy rating on SGMT with a price target of $26.00. SGMT has a Strong Buy consensus with an average price target of $33.83, indicating significant potential for growth and market acceptance [3].
These ratings and price targets underscore the market's confidence in the growth prospects of these healthcare companies. Investors should closely monitor the upcoming FDA decisions and quarterly earnings reports to gauge the impact on stock performance.
References:
[1] https://www.ainvest.com/news/outlook-therapeutics-otlk-soars-11-97-fda-decision-anticipation-2508/
[2] https://www.tipranks.com/stocks/pfe/forecast
[3] https://www.tipranks.com/stocks/sgmt/forecast
Comments
No comments yet