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Pelthos Therapeutics price target raised to $62 from $60 at Oppenheimer

Oppenheimer analyst Jeff Jones raised the firm’s price target on Pelthos Therapeutics (PTHS) to $62 from $60 and keeps an Outperform rating on the shares after the company reported year-end financial results highlighting launch progress for ZELSUVMI, including 2025 net product revenue of $16.2M following the launch in mid-2025. Product revenues exceeded estimates, net product revenue of $9.1M in the just-reported quarter was up 28% over the first quarter of launch, and the firm sees continued momentum from scripts in Q1 into early March.

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