In a report released yesterday, Lorenzo Biasio from Credit Suisse maintained a Buy rating on Coherus Biosciences (CHRS – Research Report), with a price target of $22.50. The company's shares closed last Monday at $7.60, close to its 52-week low of $7.41. According to TipRanks.com, Biasio is a 4-star analyst with an average return of 7.1% and a 61.3% success rate. Biasio covers the Healthcare sector, focusing on stocks such as Intuitive Surgical, Boston Scientific, and Merck & Company. Currently, the analyst consensus on Coherus Biosciences is a Strong Buy with an average price target of $21.25, which is a 170.0% upside from current levels.
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