Scotiabank Lowers Theratechnologies Inc (TH) Price Target to C$9.25
Theratechnologies Inc (TSE:TH) had its target price decreased by analysts at Scotiabank from C$9.50 to C$9.25 in a report released on Friday. The firm presently has an “outperform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 23.17% from the company’s current price.
Separately, National Bank Financial downgraded Theratechnologies from an “outperform market weight” rating to a “sector perform market weight” rating in a research report on Monday, July 3rd.
Theratechnologies (TSE:TH) opened at 7.51 on Friday. The company has a 50-day moving average of $7.54 and a 200-day moving average of $7.00. The company’s market cap is $558.86 million. Theratechnologies has a 52 week low of $2.61 and a 52 week high of $8.72.
Theratechnologies Company Profile
Theratechnologies Inc is a specialty pharmaceutical company. The Company addresses medical needs to promote healthy living among human immunodeficiency virus (HIV) patients. Its products include EGRIFTA and Ibalizumab. EGRIFTA (tesamorelin for injection) refers to tesamorelin and it is indicated for the reduction of excess abdominal fat in HIV infected patients with lipodystrophy.
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