Aquestive Therapeutics (AQST) Receives a Buy from RBC Capital

By Jason Carr

In a report released today, Randall Stanicky from RBC Capital reiterated a Buy rating on Aquestive Therapeutics (AQSTResearch Report), with a price target of $8.00. The company’s shares closed last Monday at $1.89, close to its 52-week low of $1.41.

According to, Stanicky has 0 stars on 0-5 star ranking scale with an average return of -21.5% and a 18.4% success rate. Stanicky covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical Industries, Osmotica Pharmaceuticals, and Pacira Pharmaceuticals.

Currently, the analyst consensus on Aquestive Therapeutics is a Strong Buy with an average price target of $15.50, representing a 675.0% upside. In a report issued on March 13, Wedbush also maintained a Buy rating on the stock with a $36.00 price target.

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Based on Aquestive Therapeutics’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $16.42 million and GAAP net loss of $12.64 million. In comparison, last year the company earned revenue of $16.82 million and had a GAAP net loss of $13.94 million.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AQST in relation to earlier this year.

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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.