Revance Reports Second Quarter 2024 Financial Results, Provides Corporate Update

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Stifel Downgrades Revance Therapeutic (RVNC) to Hold Following Go Private Deal

August 12, 2024 10:07 AM EDT

Stifel analyst Annabel Samimy downgraded Revance Therapeutic (NASDAQ: RVNC) from Buy to Hold with a price target of $6.66 (from $20.00).

The analyst comments "Surprising to us, RVNC announced this morning its intention to merge with Crown Laboratories, a privately-held, global skincare company for... More