Theratechnologies Inc. (TH) Price Target Cut to C$8.75
Theratechnologies Inc. (TSE:TH) had its price target decreased by investment analysts at National Bank Financial from C$9.75 to C$8.75 in a research note issued on Tuesday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 19.37% from the company’s current price.
Separately, Scotiabank cut their price target on shares of Theratechnologies from C$10.00 to C$9.25 and set an “outperform” rating on the stock in a report on Friday, October 6th.
Shares of Theratechnologies (TH) traded down C$0.17 during trading on Tuesday, hitting C$7.33. 78,814 shares of the stock traded hands, compared to its average volume of 152,934. Theratechnologies has a 1 year low of C$2.61 and a 1 year high of C$8.72.
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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