Rigel Reports Third Quarter 2024 Financial Results and Provides Business Update

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Rigel Pharmaceuticals (RIGL) PT Raised to $49 at Citi

November 11, 2024 6:59 AM EST

Citi analyst Yigal Nochomovitz raised the price target on Rigel Pharmaceuticals (NASDAQ: RIGL) to $49.00 (from $40.00) while maintaining a Buy rating.

The analyst comments "Gavreto posted an unexpectedly strong quarter with $7.1M in sales (driven by demand not stocking) vs. our/consensus ests of... More