B of A Securities Maintains Buy on Travere Therapeutics, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Greg Harrison maintains a Buy rating on Travere Therapeutics (NASDAQ:TVTX) but lowers the price target from $19 to $18.
September 27, 2024 | 11:17 am
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Travere Therapeutics but lowers the price target from $19 to $18, indicating a slight decrease in expected valuation.
The maintained Buy rating suggests continued confidence in Travere Therapeutics, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive but with tempered expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100