HC Wainwright & Co. reiterates Buy rating on Sol-Gel Technologies, $110 price target
HC Wainwright & Co. maintained a Buy rating on Sol-Gel Technologies (SLGL) with a $110 price target, suggesting a 71.2% upside. The firm cited a favorable commercial outlook for SGT-610 and upcoming pivotal trial results as key catalysts.
How this was made

The 30-second read
Why it matters
The upgrade may prompt short‑term buying, but ultimate impact depends on upcoming trial results.
Market read
Analyst rating provides modest new guidance; limited immediate trading impact.
What to watch
Phase‑3 readout timing and regulatory uncertainty could limit upside.
Background
Analyst note reiterating a Buy rating and a $110 price target for Sol‑Gel Technologies.
Market effects
Potentially lifts sentiment in the biotech/rare‑disease sector.
Limited to U.S. biotech investors.
Low
Counterpoint
The target may be overly optimistic given trial risk.
Key entities
- CompanySol‑Gel Technologies Inc.
Biotech firm developing SGT‑610 for Gorlin syndrome.
- Research FirmHC Wainwright & Co.
Equity research analyst firm issuing the rating.

