Aquestive Therapeutics (AQST) Gets a Buy Rating from Wedbush

In a report issued on August 7, Liana Moussatos from Wedbush maintained a Buy rating on Aquestive Therapeutics (AQSTResearch Report), with a price target of $31.00. The company’s shares closed last Friday at $6.29.

According to TipRanks.com, Moussatos is a 4-star analyst with an average return of 8.6% and a 51.3% success rate. Moussatos covers the Healthcare sector, focusing on stocks such as Catabasis Pharmaceuticals, Global Blood Therapeutics, and Eiger Biopharmaceuticals.

Currently, the analyst consensus on Aquestive Therapeutics is a Strong Buy with an average price target of $18.00, implying a 198.5% upside from current levels. In a report issued on August 5, RBC Capital also maintained a Buy rating on the stock with a $8.00 price target.

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The company has a one-year high of $10.00 and a one-year low of $1.41. Currently, Aquestive Therapeutics has an average volume of 1.01M.

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Aquestive Therapeutics, Inc. is a specialty pharmaceutical company focused on identifying, developing, and commercializing differentiated products to address unmet medical needs. The company has a late-stage proprietary product pipeline focused on the treatment of Central nervous system (CNS) diseases, as well as orally-administered complex molecules that can be alternatives to invasively-administered standard of care therapies. Its product candidates include Libervant, Sympazan, and AQST-117 (Riluzole). Aquestive Therapeutics develops and delivers drugs via its PharmFilm® technology. The firm also collaborates with pharmaceutical partners to bring new molecules to market in differentiated and highly-marketable dosage forms. In addition to its proprietary product candidates, the company, with its partners, has a portfolio of development-stage products and commercialized products, such as Suboxone, a prescription medicine for the treatment of opioid dependence. The company was founded in January 2004 and is headquartered in Warren, NJ.