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Travere Therapeutics price target raised to $41 from $23 at Guggenheim

Travere Therapeutics price target raised to $41 from $23 at Guggenheim

Guggenheim raised the firm’s price target on Travere Therapeutics to $41 from $23 and keeps a Buy rating on the shares. Following the conclusion of the PARASOL workshop, the firm has heightened confidence in Filspari’s potential approval for focal segmental glomerulosclerosis, or FSGS, leading it to raise its Filspari FSGS probability of success estimate to 75% from 60%, the analyst tells investors.

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