Needham Maintains Buy on Verrica Pharmaceuticals, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Serge Belanger has maintained a 'Buy' rating on Verrica Pharmaceuticals (NASDAQ:VRCA) but lowered the price target from $10 to $8.

November 10, 2023 | 9:50 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Needham analyst has maintained a 'Buy' rating on Verrica Pharmaceuticals but lowered the price target from $10 to $8.
The news is directly about Verrica Pharmaceuticals. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100