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Citi Analyst Reiterates Buy Rating on Coherus Biosciences, CHRS Stock

by Staff Editor
Sep 27, 2023
in Health Analysts healthcare stocks 
Alert on CHRS stock:  Our scanners at HealthTechMovers.com have found the following information on CHRS stock with the help of Tipranks.com... 

Yigal Nochomovitz
analyst at Citi reiterates coverage on Coherus Biosciences (CHRS) in the healthtech stock sector with a Buy rating. TipRanks.com has Nochomovitz rated as a 4.1 star analyst with a 40% return on investment and a 5.3% success rate. Nochomovitz has set a price target of $13.

TipRanks.com reports that Coherus Biosciences stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $12.00. The target pricing ranges from a high forecast of $8 down to a low forecast of $12. Coherus Biosciences (CHRS) stock's last closing price was $3.97 which would put the average price target at 213.10% upside.

In addition, TradingView.com issued a sell rating for CHRS over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CHRS's stock.

Other analysts covering CHRS stock include:
  • Douglas Tsao of H.C. Wainwright issued a Buy rating with the price target of $20 on 1 day ago
  • Jason McCarthy of Maxim Group issued a Buy rating with the price target of $12 on 1 month ago
  • Ashwani Verma of UBS issued a Buy rating with the price target of $7 on 1 month ago
  • Balaji Prasad of Barclays issued a Buy rating with the price target of $8 on 1 month ago

Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. 

TipRanks.com tracks and measures the performance of over 50,000 financial experts.

The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance.

Get more from TipRanks.com here >>
 
When an analyst reiterates coverage on CHRS's stock, we will let you know.  Please make sure you subscribe to our email newsletter to get timely alerts. Join thousands of other investors, you can always unsubscribe.

HealthTechMovers.com (HTM) is built for investors who are interested in healthcare stocks, health insurance stocks, healthcare technology stocks, biotechnology stocks, pharmaceutical stocks, healthcare service provider stocks, life science stocks and more. HTM aggregates market data from top tier financial content providers like Barchart.com, Tipranks.com, TradingView.com, Yahoo! Finance, and Zacks.com. The research and editorial team behind HTM consolidates this aggregated data into easily consumable reports used to produce articles, newsletters, and web content. The reports produced by HTM contain timely information stock analysis, stock price targets, earnings announcements, insider trades, dividends, and top moving stocks.

Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.    
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Tags: healthcare stocks healthcare stock movers Healthcare stock watchlist health stocks health stock analyst ratings 

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