Cantor Fitzgerald reiterates Overweight rating on Harrow, ups target to $94

As previously reported, Cantor Fitzgerald raised the firm’s price target on Harrow (HROW) to $94 from $76 and keeps an Overweight rating on the shares following quarterly results. The firm now models $29M Vevye revenues in Q4, which would mean FY25 Vevye revenue would fall short of over $100M target/guidance by $8M — not a huge deal, Cantor says, but increases pressure on 2026 where new insurance coverage and continued market share growth need to be matched by proportional revenue growth.