Aug. 12 at 11:58 AM
$TARS Tarsus Pharmaceuticals price target raised to
$100 from
$97 at Oppenheimer
Oppenheimer analyst Mazahir Alimohamed raised the firm's price target on Tarsus Pharmaceuticals to
$100 from
$97 and keeps an Outperform rating on the shares. The firm is updating its model for Tarsus following Q2 results, adding epidemiology-based revenue builds for IRX-101 in intravitreal antisepsis and ALK-001 in Stargardt disease, and reflecting the pending
$450M Alkeus acquisition and
$125M private placement.