Down -9.11% in 4 Weeks, Here's Why Tarsus Pharmaceuticals (TARS) Looks Ripe for a Turnaround
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Tarsus Pharmaceuticals (TARS) has experienced a 9.11% decline over the past four weeks, but it may be poised for a turnaround. The stock is in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
January 14, 2025 | 4:00 pm
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Tarsus Pharmaceuticals has seen a significant decline of 9.11% in the past month. However, the stock is now in oversold territory, and analysts are revising earnings estimates upwards, indicating a potential for a price rebound.
The stock's oversold status suggests that the selling pressure may have been overdone, and the upward revision of earnings estimates by analysts indicates positive sentiment. These factors combined suggest a likely short-term price increase.
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