Tarsus Pharmaceuticals Stock Earns Upgrade To RS Rating

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On Thursday, Tarsus Pharmaceuticals (TARS) stock got an upgrade to its Relative Strength (RS) Rating, from 76 to 82.

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IBD’s proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the best-performing stocks often have an 80 or better RS Rating as they launch their biggest price moves.

Is Tarsus Pharmaceuticals Stock A Buy?

Tarsus Pharmaceuticals stock is working on a consolidation with an 85.25 entry. Given current stock market uncertainties and volatility, IBD recommends a cautious 0-20% market exposure. Be judicious with stock purchases.

Financial Performance And Industry  Peers

The biotech company posted 0% EPS growth in its most recent report. Revenue rose 128%.

Tarsus Pharmaceuticals stock earns the No. 101 rank among its peers in the Medical-Biomed/Biotech industry group. Eton Pharmaceuticals (ETON), Kiniksa Pharmaceuticals (KNSA) and Amicus Therapeutics (FOLD) are among the top 5 highly rated stocks within the group. For more industry news, check out “Biotech And Pharmaceutical Industry And Stock News.”

This article was created automatically with Stats Perform’s Wordsmith software using data and article templates supplied by Investor’s Business Daily. An IBD journalist may have edited the article.

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