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Fly News Breaks for February 25, 2020
EOLS
Feb 25, 2020 | 12:42 EDT
Cantor Fitzgerald analyst Louise Chen reiterated an Overweight rating and $35 price target on Evolus after the company reported a sales and EPS beat for Jeuveau in Q4 and says she expects a better-than-expected uptake of Jeuveau this year. Chen tells investors in a research note that she thinks Jeuveau's value proposition is underappreciated and that it can pick up meaningful market share, and says the U.S. and international launches as well as the addition of new products, should drive the stock higher.
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