HC Wainwright & Co. Maintains Buy Rating for Tarsus Pharmaceuticals: Here's What You Need To Know

HC Wainwright & Co. has decided to maintain its Buy rating of Tarsus Pharmaceuticals TARS and raise its price target from $42.00 to $50.00.

Shares of Tarsus Pharmaceuticals are trading up 9.18% over the last 24 hours, at $17.00 per share.

A move to $50.00 would account for a 194.12% increase from the current share price.

About Tarsus Pharmaceuticals

Tarsus Pharmaceuticals Inc is a late clinical-stage biopharmaceutical company. It is focused on the development and commercialization of first-in-class therapeutic candidates to provide treatment for ophthalmic conditions. The company's lead candidate TP-03 is a novel investigational eye drop to treat blepharitis caused by the infestation of Demodex mites, referred to as Demodex blepharitis.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.