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Travere Therapeutics Inc has a consensus price target of $21.41 based on the ratings of 18 analysts. The high is $46 issued by Piper Sandler on February 21, 2023. The low is $9 issued by Wells Fargo on February 16, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Canaccord Genuity, and Guggenheim on September 13, 2024, September 10, 2024, and September 9, 2024, respectively. With an average price target of $23.67 between JP Morgan, Canaccord Genuity, and Guggenheim, there's an implied 55.09% upside for Travere Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Travere Therapeutics (NASDAQ:TVTX) was reported by JP Morgan on September 13, 2024. The analyst firm set a price target for $23.00 expecting TVTX to rise to within 12 months (a possible 50.72% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for Travere Therapeutics (NASDAQ:TVTX) was provided by JP Morgan, and Travere Therapeutics maintained their overweight rating.
The last upgrade for Travere Therapeutics Inc happened on September 9, 2024 when Guggenheim raised their price target to $25. Guggenheim previously had a neutral for Travere Therapeutics Inc.
The last downgrade for Travere Therapeutics Inc happened on March 27, 2024 when Guggenheim changed their price target from N/A to N/A for Travere Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Travere Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Travere Therapeutics was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
While ratings are subjective and will change, the latest Travere Therapeutics (TVTX) rating was a maintained with a price target of $20.00 to $23.00. The current price Travere Therapeutics (TVTX) is trading at is $15.26, which is out of the analyst’s predicted range.
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