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Travere Therapeutics (TVTX) Gets a Buy Rating from SVB Securities

In a report issued on August 3, Joseph Schwartz from SVB Securities maintained a Buy rating on Travere Therapeutics (TVTXResearch Report). The company’s shares closed last Thursday at $25.79.

According to TipRanks.com, Schwartz is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.1% and a 34.8% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Mereo Biopharma Group Plc, and Crinetics Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Travere Therapeutics with a $41.75 average price target, implying an 89.8% upside from current levels. In a report issued on July 26, Piper Sandler also maintained a Buy rating on the stock with a $41.00 price target.

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The company has a one-year high of $31.65 and a one-year low of $13.61. Currently, Travere Therapeutics has an average volume of 811.8K.

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Retrophin, Inc. is a biopharmaceutical company. It engages in the identification, development, commercialization, and distribution of therapies to people living with rare diseases. Its products include Chenodal, Cholbam, and Thiola. The company was founded by Martin Shkreli on February 8, 2008 and is headquartered in San Diego, CA.

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