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Stock impact report

Piper Sandler Increases Target Price for Travere Therapeutics (TVTX) [Yahoo! Finance]

Travere Therapeutics, Inc. (TVTX) 
Company Research Source: Yahoo! Finance
Travere Therapeutics Inc. (NASDAQ: TVTX ) is one of the 10 most shorted biotech stocks to buy according to hedge funds On February 19, Travere Therapeutics Inc. (NASDAQ:TVTX) released the fourth quarter earnings report. The company registered U.S. net product sales figures of $126.6 million for the quarter, relative to $73.5 million during the fourth quarter of 2024. This translates into full-year U.S. net product sales of $410.5 million, exhibiting almost 82% year-on-year growth. Such impressive figures were attributable to FILSPARI's sales growth. The company reported $2.7 million in net income for the quarter, a significant jump from a net loss of $60.3 million in Q4 2024. Moreover, it held $322.8 million in cash & equivalents and marketable securities balance as of December 31, 2025. This balance is expected to elevate further during the first half of 2026, as the company anticipates a $25 million sales-based milestone payment from Mirum Pharmaceuticals. Piper Sandler Incre Show less Read more
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