Why Veru Stock Vaulted Higher Today

Shares of Veru (NASDAQ: VERU) were vaulting 9.8% higher as of 3:29 p.m. EDT on Thursday. The gain came after Jefferies analyst Chris Howerton increased his price target on the stock to $22 from $19.

Investors shouldn't make decisions based solely on analysts' views. However, it's good to understand why an analyst is more bullish about the biotech stock.

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Source Fool.com