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2023-03-01 05:42:15 RETA Reata Pharmaceuticals $31.11 / +0.23 (+0.74%) 05:42 03/01/23 03/01 05:42 03/01/23 05:42	Reata Pharmaceuticals price target raised to $120 from $53 at Citi Citi analyst Yigal Nochomovitz raised the firm's price target on Reata Pharmaceuticals to $120 from $53 and keeps a Buy rating on the shares following the FDA approval of Skyclarys. The label reflects Reata's bull case for efficacy claims, market breadth, and safety language, the analyst tells investors in a research note. The firm says first-to-market status in an ultra-rare disease with no approved therapies, and with a "clear plan of action" to capture high share among the 4,500 addressable U.S. patients, "materially extends the bull case" for the shares.	01 Mar

2023-03-01 05:42:15

RETA

Reata Pharmaceuticals

$31.11 / +0.23 (+0.74%)

05:42

03/01/23

03/01

05:42

03/01/23

05:42

Reata Pharmaceuticals price target raised to $120 from $53 at Citi

Citi analyst Yigal Nochomovitz raised the firm's price target on Reata Pharmaceuticals to $120 from $53 and keeps a Buy rating on the shares following the FDA approval of Skyclarys. The label reflects Reata's bull case for efficacy claims, market breadth, and safety language, the analyst tells investors in a research note. The firm says first-to-market status in an ultra-rare disease with no approved therapies, and with a "clear plan of action" to capture high share among the 4,500 addressable U.S. patients, "materially extends the bull case" for the shares.

01
Mar

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