0802 GMT - Galderma's sales target for this year looks conservative, given the success of its dermatitis drug Nemluvio, Vontobel analyst Stefan Schneider says in a research note. The analyst expects the Swiss skincare company to raise its sales guidance, assuming that sales of Nemluvio were 7% ahead of consensus during the third quarter. "Management has done a great job of positioning Nemluvio in the competitive pharma market," Schneider says. Furthermore, the analyst believes that L'Oreal and Galderma could expand their existing scientific partnership, which would make strong strategic sense. Vontobel upgrades its rating on Galderma to buy from hold. Shares trade 0.2% higher at 140.30 Swiss francs. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
October 06, 2025 04:02 ET (08:02 GMT)
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