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Citi ups Travere target, opens ‘upside 90-day catalyst watch’

Citi analyst Yigal Nochomovitz raised the firm’s price target on Travere Therapeutics (TVTX) to $48 from $34 and keeps a Buy rating on the shares. Citi also added an “upside 90-day catalyst watch” on Travere. The firm expects FDA approval by the action date of January 13, 2026, for Filspari for the treatment of focal segmental glomerulosclerosis. Citi believes “everything seems to be moving in a positive direction” for Travere following the Q3 report.

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