Mizuho Securities Thinks Evolus’ Stock is Going to Recover

Mizuho Securities analyst Vamil Divan maintained a Buy rating on Evolus (EOLS) today and set a price target of $8.00. The company’s shares closed last Tuesday at $4.94, close to its 52-week low of $3.12.

According to TipRanks.com, Divan is a 1-star analyst with an average return of -1.7% and a 44.7% success rate. Divan covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co, Satsuma Pharmaceuticals, and Karuna Therapeutics.

Evolus has an analyst consensus of Moderate Buy, with a price target consensus of $8.00, representing a 51.8% upside. In a report issued on May 22, Cantor Fitzgerald also maintained a Buy rating on the stock.

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The company has a one-year high of $20.27 and a one-year low of $3.12. Currently, Evolus has an average volume of 861.8K.

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Evolus, Inc. is a medical aesthetics company, which engages in the provision of medical aesthetic treatments and procedures. It offers products under the brand of Jeuveau. The company was founded by Scott Cannizzaro in November, 2012 and is headquartered in Newport Beach, CA.

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