Mizuho Securities analyst Irina Rivkind Koffler reiterated a Hold rating on Dermira (DERM) on November 20 and set a price target of $9. The company’s shares closed yesterday at $10.89, close to its 52-week low of $6.98.
According to TipRanks.com, Koffler is a 4-star analyst with an average return of 7.4% and a 42.2% success rate. Koffler covers the Healthcare sector, focusing on stocks such as Bausch Health Companies Inc, Eagle Pharmaceuticals Inc, and Supernus Pharmaceuticals.
Currently, the analyst consensus on Dermira is a Moderate Buy with an average price target of $18.
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Based on Dermira’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $66.54 million. In comparison, last year the company had a GAAP net loss of $179 million.
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Dermira, Inc. is a biopharmaceutical company, which engages in the provision of biotech ingenuity to medical dermatology. It focuses on the development of therapeutic solutions in medical dermatology to treat skin conditions, such as hyperhidrosis, psoriasis, and acne.
