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H.C. Wainwright Remains a Buy on Verrica Pharmaceuticals (VRCA)

H.C. Wainwright analyst Oren Livnat reiterated a Buy rating on Verrica Pharmaceuticals (VRCAResearch Report) today and set a price target of $11.00. The company’s shares closed last Friday at $2.36.

According to TipRanks, Livnat is an analyst with an average return of -2.8% and a 39.90% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Jazz Pharmaceuticals, Pacira Pharmaceuticals, and ANI Pharmaceuticals.

Verrica Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

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VRCA market cap is currently $96.98M and has a P/E ratio of -2.31.

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Verrica Pharmaceuticals, Inc. operates as a clinical-stage medical dermatology company, which engages in identifying, developing, and commercializing pharmaceutical products for the treatment of skin diseases. Its lead product VP-102, is a proprietary topical therapy used in common skin indications including Molluscum contagiosum and Verruca Vulgaris. The company was founded by Matthew Davidson on July 3, 2013 and is headquartered in West Chester, PA.

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