A number of firms have modified their ratings and price targets on shares of Travere Therapeutics (NASDAQ: TVTX) recently:
- 8/17/2026 – Travere Therapeutics had its “overweight” rating reaffirmed by Piper Sandler.
- 8/10/2026 – Travere Therapeutics was given a new $78.00 price target by Evercore Inc.
- 8/6/2026 – Travere Therapeutics had its price target raised by Wedbush from $61.00 to $75.00. They now have an “outperform” rating on the stock.
- 8/6/2026 – Travere Therapeutics had its price target raised by Canaccord Genuity Group Inc. from $62.00 to $70.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Travere Therapeutics had its “outperform” rating reaffirmed by Evercore Inc.
- 8/5/2026 – Travere Therapeutics had its price target raised by Guggenheim from $65.00 to $75.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Travere Therapeutics had its price target raised by Citigroup Inc. from $70.00 to $85.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Travere Therapeutics had its price target raised by TD Cowen from $60.00 to $75.00. They now have a “buy” rating on the stock.
- 7/30/2026 – Travere Therapeutics had its price target raised by Canaccord Genuity Group Inc. from $56.00 to $62.00. They now have a “buy” rating on the stock.
- 6/25/2026 – Travere Therapeutics had its price target raised by Guggenheim from $56.00 to $65.00. They now have a “buy” rating on the stock.
- 6/23/2026 – Travere Therapeutics was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
- 6/22/2026 – Travere Therapeutics had its price target raised by Wedbush from $55.00 to $61.00. They now have an “outperform” rating on the stock.
Insiders Place Their Bets
In other news, Director Roy D. Baynes sold 4,500 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $50.00, for a total value of $225,000.00. Following the sale, the director directly owned 41,500 shares of the company’s stock, valued at $2,075,000. This represents a 9.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Timothy Coughlin sold 10,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $50.07, for a total transaction of $500,700.00. Following the transaction, the director owned 56,250 shares of the company’s stock, valued at $2,816,437.50. This represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.44% of the stock is owned by insiders.
The company’s lead product is sparsentan, a dual endothelin angiotensin receptor antagonist that has received accelerated approval from the U.S.
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