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Tarsus Pharmaceuticals price target raised to $41 from $36 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Tarsus Pharmaceuticals (TARS) to $41 from $36 and keeps a Neutral rating on the shares. The company reported Q3 EPS topped estimates, posting a beat on Xdemvy net product sales at $48.1M, albeit with somewhat in-line number of vials dispensed, the analyst tells investors in a research note. Tarsus’ commentary on the call focused on the improving outlook for Xdemvy in Q4 and beyond on the back of the recent sales force addition, the firm added.

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