UPDATE: Sol Gel Technologies Ltd. (SLGL) PT Lowered to $21 at Raymond James
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Price: $84.69 +0.77%
Rating Summary:
6 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
6 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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(Updated - November 12, 2021 9:29 AM EST)
Raymond James analyst Elliot Wilbur lowered the price target on Sol Gel Technologies Ltd. (NASDAQ: SLGL) to $21.00 (from $23.00) after 3Q21 licensing revenue fell short of expectations after persistent travel restrictions tied to the pandemic are continuing to delay the pre-approval inspection of the manufacturing facility, adding uncertainty to the EPSOLAY timeline.
The analyst reiterated the Strong Buy rating, stating "Management still hopes to cross the regulatory finish line before the end of the year."
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