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Down -17.96% in 4 Weeks, Here's Why Revance Therapeutics (RVNC) Looks Ripe for a Turnaround
ZACKS· 2024-09-27 14:35
Revance Therapeutics, Inc. (RVNC) has been on a downward spiral lately with significant selling pressure. After declining 18% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting wh ...
How Much Upside is Left in Revance Therapeutics (RVNC)? Wall Street Analysts Think 55.02%
ZACKS· 2024-08-29 14:55
Shares of Revance Therapeutics, Inc. (RVNC) have gained 74.1% over the past four weeks to close the last trading session at $6.58, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $10.20 indicates a potential upside of 55%. The average comprises eight short-term price targets ranging from a low of $6.60 to a high of $25, with a standard deviation of $6.30. While the lowest estima ...
Shareholder Alert: Ademi LLP investigates whether Revance Therapeutics, Inc. has obtained a Fair Price for its Public Shareholders
Prnewswire· 2024-08-15 17:59
MILWAUKEE, Aug. 15, 2024 /PRNewswire/ -- Ademi LLP is investigating Revance (NASDAQ: RVNC) for possible breaches of fiduciary duty and other violations of law in its transaction with Crown. Click here to learn how to join our investigation https://www.ademilaw.com/case/revance-therapeutics-inc-0 or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Revance stockholders will receive only $6.66 per share in cash, representing a total enterprise value of $924 million. The transac ...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Revance Therapeutics, Inc. – RVNC
GlobeNewswire News Room· 2024-08-13 16:46
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Revance Therapeutics, Inc. (Nasdaq: RVNC), relating to its proposed merger with Crown Laboratories, Inc. Under the terms of the agreement, Revance shareholders will receive $6.66 in cash ...
Can Revance Therapeutics (RVNC) Climb 98.64% to Reach the Level Wall Street Analysts Expect?
ZACKS· 2024-08-13 14:55
Shares of Revance Therapeutics, Inc. (RVNC) have gained 73.2% over the past four weeks to close the last trading session at $6.60, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.11 indicates a potential upside of 98.6%. The mean estimate comprises nine short-term price targets with a standard deviation of $6.60. While the lowest estimate of $8 indicates a 21.2% increase fro ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Revance Therapeutics, Inc.
Prnewswire· 2024-08-12 19:18
NEW YORK, Aug. 12, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Revance Therapeutics, Inc. (NASDAQ: RVNC) and its board of directors concerning the proposed acquisition of the company by Crown Laboratories, Inc. Stockholders will receive $6.66 for each share of Revance Therapeutics stock that they hold. The transaction is valued at approximately $924 million and is expected to close by the end of 2024. If you are a stockholder of Revance Therapeutics, Inc. and ...
Why Is Revance Therapeutics (RVNC) Stock Up 86% Today?
Investor Place· 2024-08-12 17:17
Revance Therapeutics (NASDAQ:RVNC) stock is on the rise Monday after the biotechnology company announced a merger agreement with private skincare company Crown Laboratories. This agreement has Crown Laboratories agreeing to acquire Revance Therapeutics for $924 million. The deal is set to close by the end of 2024 and will remove RVNC stock from public trading. Crown Laboratories will acquire Revance Therapeutics by buying all outstanding shares of RVNC stock. It will pay $6.66 per share in cash for the stoc ...
Botox Innovator Revance Therapeutics Goes Private In Over $900M Deal
Benzinga· 2024-08-12 15:50
Crown Laboratories, Inc., a privately held player in the skincare industry, agreed on Monday to acquire Revance Therapeutics, Inc. RVNC. Under the terms of the agreement, Crown will commence a tender offer to acquire all outstanding shares of Revance's common stock for $6.66 per share in cash, representing a total enterprise value of $924 million. The purchase price represents a premium of 89% over Revance's closing market price on Aug. 9, 2024, and a 111% premium to Revance's 60-day volume-weighted average ...
RVNC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Revance Therapeutics to Crown Laboratories
GlobeNewswire News Room· 2024-08-12 13:33
MONSEY, N.Y., Aug. 12, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Revance Therapeutics, Inc. (Nasdaq: RVNC) ("Revance") to Crown Laboratories, Inc. ("Crown") for $6.66 per share in cash in a tender offer. The sales price is substantially below the price target for Revance of multiple Wall Street analysts, including Stacy Ku of TD Cowen with a price target of $25.00 per share, and Annabel Samimy of Stifel Nicolaus with a price target of ...
Revance(RVNC) - 2024 Q2 - Earnings Call Transcript
2024-08-09 17:13
Revance Therapeutics, Inc. (NASDAQ:RVNC) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Laurence Watts - Investor Relations Mark Foley - Chief Executive Officer & President Tobin Schilke - Chief Financial Officer Conference Call Participants Seamus Fernandez - Guggenheim Chris Shibutani - Goldman Sachs Stacy Ku - TD Cowen David Amsellem - Piper Sandler Annabel Samimy - Stifel Lachlan Hanbury - William Blair Uy Ear - Mizuho Serge Belanger - Needham & Company Navann Ty - BNP P ...