In a report released today, Irina Rivkind Koffler from Mizuho Securities reiterated a Hold rating on Dermira (NASDAQ: DERM), with a price target of $10. The company’s shares opened today at $11.60.
Rivkind Koffler said:
“We previously modeled $302.5M for and our estimate remains relatively unchanged. We reiterate our Neutral rating and $10 PT.”
According to TipRanks.com, Koffler is a 4-star analyst with an average return of 10.4% and a 45.2% 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 $20.
See today’s analyst top recommended stocks >>
Based on Dermira’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $23.93 million. In comparison, last year the company had a GAAP net loss of $179 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
