Jupiter Asset Management Ltd. Grows Position in Arcutis Biotherapeutics, Inc. $ARQT

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Jupiter Asset Management Ltd. significantly increased its stake in Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) by 59.7% during the third quarter, now owning 659,331 shares. Other institutional investors also adjusted their positions, while company insiders made notable share sales. Analysts currently have a “Moderate Buy” consensus rating for ARQT, with an average price target of $29.20.

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