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Truist Financial Sticks to Their Buy Rating for Viatris (VTRS)

Tipranks - Sat Feb 28, 7:00AM CST

In a report released today, Les Sulewski from Truist Financial reiterated a Buy rating on Viatris, with a price target of $18.00.

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According to TipRanks, Sulewski is a 4-star analyst with an average return of 9.5% and a 47.27% success rate. Sulewski covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical, Cormedix, and Collegium Pharmaceutical.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Viatris with a $14.86 average price target.

Based on Viatris’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.7 billion and a GAAP net loss of $340.1 million. In comparison, last year the company earned a revenue of $3.53 billion and had a GAAP net loss of $516.5 million

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