Shares of Theratechnologies Inc (TSE:TH) traded down 0.4% on Friday . The stock traded as low as C$6.60 and last traded at C$6.73. 40,632 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 152,300 shares. The stock had previously closed at C$6.70.
Several analysts recently weighed in on the stock. Scotiabank cut their price target on shares of Theratechnologies from C$9.50 to C$9.25 and set an “outperform” rating on the stock in a report on Friday, September 29th. National Bank Financial lifted their price target on shares of Theratechnologies from C$9.25 to C$9.75 and gave the company an “outperform” rating in a report on Friday, October 6th.
Theratechnologies Company Profile
Theratechnologies Inc is a specialty pharmaceutical company. The Company addresses medical needs to promote healthy living among human immunodeficiency virus (HIV) patients. Its products include EGRIFTA and Ibalizumab. EGRIFTA (tesamorelin for injection) refers to tesamorelin and it is indicated for the reduction of excess abdominal fat in HIV infected patients with lipodystrophy.
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