Stock Track | Tarsus Pharmaceuticals Soars 10.64% Intraday on Positive Analyst Ratings and Price Target Increases

Stock Track

02/24

Tarsus Pharmaceuticals, Inc. (TARS) saw its stock price soar 10.64% during intraday trading on Tuesday, marking a significant upward movement for the biopharmaceutical company.

The surge follows positive analyst attention from multiple financial institutions. H.C. Wainwright analyst Matthew Caufield reiterated a Buy rating on Tarsus Pharmaceuticals with a price target of $88.00, citing a sustained growth outlook driven by XDEMVY's rapid ramp and the expanding lotilaner pipeline.

Additionally, BofA raised its price target on Tarsus Pharmaceuticals to $90 from $88 while maintaining a Buy rating on the shares, following a revenue beat in the company's recent quarterly results. These analyst actions reflect growing confidence in the company's growth prospects and financial performance.

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(TARS) saw its stock price soar 10.64% during intraday trading on Tuesday, marking a significant upward movement for the biopharmaceutical company.</p><p>The surge follows positive analyst attention from multiple financial institutions. H.C. Wainwright analyst Matthew Caufield reiterated a Buy rating on Tarsus Pharmaceuticals with a price target of $88.00, citing a sustained growth outlook driven by XDEMVY's rapid ramp and the expanding lotilaner pipeline.</p><p>Additionally, BofA raised its price target on Tarsus Pharmaceuticals to $90 from $88 while maintaining a Buy rating on the shares, following a revenue beat in the company's recent quarterly results. 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