In a report released today, David Amsellem from Piper Sandler reiterated a Buy rating on Revance Therapeutics (RVNC – Research Report), with a price target of $42.00. The company’s shares closed yesterday at $7.06.
According to TipRanks, Amsellem is an analyst with an average return of -6.4% and a 37.80% success rate. Amsellem covers the Healthcare sector, focusing on stocks such as Alkermes, Revance Therapeutics, and Bausch Health Companies.
Currently, the analyst consensus on Revance Therapeutics is a Strong Buy with an average price target of $26.88, representing a 280.74% upside. In a report released on November 21, Mizuho Securities also maintained a Buy rating on the stock with a $16.00 price target.
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The company has a one-year high of $37.98 and a one-year low of $5.72. Currently, Revance Therapeutics has an average volume of 2.13M.
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Revance Therapeutics (RVNC) Company Description:
Revance Therapeutics, Inc. is a clinical stage biotechnology company. It engages in the development, manufacturing, and commercialization of novel botulinum toxin products for multiple aesthetic and therapeutic applications. The firm focuses on production of daxibotulinumtoxinA, a botulinum toxin, for aesthetic and therapeutic indications, including facial wrinkles and muscle movement disorders. The company was founded by Jacob M. Waugh and L. Daniel Browne on August 10, 1999 and is headquartered in Newark, CA.
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