In a report issued on August 9, Corey Davis from Seaport Global reiterated a Buy rating on Corcept Therapeutics Inc (NASDAQ: CORT), with a price target of $25. The company’s shares closed on Friday at $13.26, close to its 52-week low of $11.55.
According to TipRanks.com, Davis is a 2-star analyst with an average return of 0.2% and a 41.9% success rate. Davis covers the Healthcare sector, focusing on stocks such as Pacira Pharmaceuticals, Jazz Pharmaceuticals, and Infinity Pharma.
Corcept Therapeutics Inc has an analyst consensus of Moderate Buy, with a price target consensus of $22.
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The company has a one-year high of $25.96 and a one-year low of $11.55. Currently, Corcept Therapeutics Inc has an average volume of 1.31M.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is neutral on the stock. Last month, James N. Wilson, a Director at CORT bought 10,000 shares for a total of $23,000.
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Corcept Therapeutics, Inc. engages in the development of drugs for the treatment of severe psychiatric, neurological, and metabolic disorders. It focuses on the development of drugs for disorders that are associated with a steroid hormone called cortisol. Its products include korlym and korlym support. The company was founded by David B. Singer and Joseph K.
