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RBC Capital Remains a Hold on Verrica Pharmaceuticals (VRCA)

In a report released on November 7, Gregory Renza from RBC Capital maintained a Hold rating on Verrica Pharmaceuticals (VRCAResearch Report), with a price target of $4.00. The company’s shares closed yesterday at $2.24.

Renza covers the Healthcare sector, focusing on stocks such as Jazz Pharmaceuticals, Seagen, and Prometheus Biosciences. According to TipRanks, Renza has an average return of -2.3% and a 33.18% success rate on recommended stocks.

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 $91.23M and has a P/E ratio of -1.40.

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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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