I'm curious to know, could you please provide me with a brief explanation on what rating ARQT stock has received from Zacks? I'm particularly interested in understanding how this rating might influence investors' decisions and what factors Zacks considers when assigning ratings to stocks like ARQT. Additionally, I'd like to know if there's any recent news or updates that could have impacted this rating.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    EmilyJohnson
    Fri Aug 16 2024
   
  
    Arcutis Biotherapeutics, Inc. currently holds an Average Brokerage Recommendation (ABR) of 1.50, derived from a comprehensive assessment of the opinions of financial professionals on the company's stock.
  
  
 
            
            
  
    
    Martina
    Thu Aug 15 2024
   
  
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    Riccardo
    Thu Aug 15 2024
   
  
    This ABR rating falls within a standardized scale, ranging from 1 to 5, where 1 represents a Strong Buy recommendation and 5 indicates a Strong Sell.
  
  
 
            
            
  
    
    Chloe_thompson_artist
    Thu Aug 15 2024
   
  
    The calculation of the ABR takes into account various analyst reports and recommendations, including Buy, Hold, and Sell ratings, allowing investors to gain a consolidated view of the market sentiment towards Arcutis Biotherapeutics.
  
  
 
            
            
  
    
    MysticInfinity
    Thu Aug 15 2024
   
  
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