Harrow price target raised to $45 from $30 at Craig-Hallum

Craig-Hallum analyst Chase Knickerbocker raised the firm’s price target on Harrow to $45 from $30 and keeps a Buy rating on the shares. The company posted a “breakout quarter” that saw broad-based strength across the portfolio and a net revenue that beat estimates, the analyst tells investors. The firm is “impressed” by the quarter and “encouraged” by the momentum.