Mizuho Securities Sticks to Its Hold Rating for Satsuma Pharmaceuticals (STSA)

By Austin Angelo

Mizuho Securities analyst Vamil Divan maintained a Hold rating on Satsuma Pharmaceuticals (STSAResearch Report) today and set a price target of $3.50. The company’s shares closed last Monday at $6.51, close to its 52-week low of $3.50.

According to TipRanks.com, Divan is a 1-star analyst with an average return of -0.3% and a 45.9% success rate. Divan covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co, ACADIA Pharmaceuticals, and Revance Therapeutics.

Currently, the analyst consensus on Satsuma Pharmaceuticals is a Hold with an average price target of $3.50.

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Satsuma Pharmaceuticals’ market cap is currently $98.96M and has a P/E ratio of 3.00. The company has a Price to Book ratio of 1.19.

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Satsuma Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. It develops novel therapeutic products for the acute treatment of migraine. The company was founded by John Kollins on June 21, 2016 and is headquartered in San Francisco, CA.