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UBS Initiates Coverage of Sight Sciences with Strong Growth Expectations by 2026

UBS has initiated coverage of Sight Sciences Inc. (NASDAQ: SGHT) with a Buy rating and a $5.50 price target, highlighting strong sales growth potential by 2026. The company is shifting focus from its OMNI glaucoma solution to the TearCare dry eye treatment, targeting a $2.5 billion market. Despite recent revenue challenges, the analyst anticipates significant sales growth as TearCare transitions to a reimbursed model, with 1,000 trained surgeons poised for adoption.
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10:18 06.12.2024
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