SVB Securities Maintains Their Buy Rating on Evolus (EOLS)

SVB Securities analyst Marc Goodman maintained a Buy rating on Evolus (EOLSResearch Report) on August 2 and set a price target of $18.00. The company’s shares closed last Thursday at $9.52.

According to TipRanks.com, Goodman is a 1-star analyst with an average return of -0.4% and a 43.4% success rate. Goodman covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co, Opthea Limited Sponsored ADR, and Amylyx Pharmaceuticals Inc.

Evolus has an analyst consensus of Strong Buy, with a price target consensus of $15.20, implying a 54.8% upside from current levels. In a report issued on August 2, Needham also maintained a Buy rating on the stock with a $18.00 price target.

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Evolus’ market cap is currently $536.9M and has a P/E ratio of -6.78.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EOLS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Evolus, Inc. is a medical aesthetics company, which engages in the provision of medical aesthetic treatments and procedures. It offers products under the brand of Jeuveau. The company was founded by Scott Cannizzaro in November, 2012 and is headquartered in Newport Beach, CA.

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