Wall Street Analysts See a 58.85% Upside in Arcutis Biotherapeutics, Inc. (ARQT): Can the Stock Really Move This High?

Arcutis Biotherapeutics, Inc. (ARQT) closed the last trading session at $10.28, gaining 54.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 16.33 indicates a 58.9% upside potential.The average comprises six short-term price targets ranging from a low of $6 to a high of$ 38, with a standard deviation of $12.09. While the lowest estimate indicates a decline of 41.6% from the curre ...