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Glaukos price target raised to $176 from $149 at Needham

Glaukos price target raised to $176 from $149 at Needham

Needham raised the firm’s price target on Glaukos (GKOS) to $176 from $149 and keeps a Buy rating on the shares after its Q4 results. The company’s iDose revenue grew sequentially to $16M and its 2025 guidance implies sales contribution of $115-120M, the analyst tells investors in a research note, adding that Glaukos is making further progress on its pipeline with Epioxa and Trio both expected to receive approval over the next 12-24 months.

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