Needham analyst Serge Belanger maintained a Buy rating on Revance Therapeutics (RVNC) today and set a price target of $36.00. The company’s shares closed last Thursday at $18.62.
According to TipRanks.com, Belanger is a 3-star analyst with an average return of 0.4% and a 38.5% success rate. Belanger covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Collegium Pharmaceutical, and KalVista Pharmaceuticals.
Currently, the analyst consensus on Revance Therapeutics is a Strong Buy with an average price target of $32.25, which is a 69.5% upside from current levels. In a report issued on May 4, H.C. Wainwright also maintained a Buy rating on the stock with a $24.00 price target.
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The company has a one-year high of $27.97 and a one-year low of $9.89. Currently, Revance Therapeutics has an average volume of 939.5K.
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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.
