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
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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