In a report released today, Charles Duncan from Cantor Fitzgerald maintained a Buy rating on Deciphera Pharmaceuticals Inc (NASDAQ: DCPH), with a price target of $53. The company’s shares opened today at $19.94, close to its 52-week low of $15.15.
According to TipRanks.com, Duncan is a 1-star analyst with an average return of -0.5% and a 42.6% success rate. Duncan covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co Ltd, KalVista Pharmaceuticals Inc, and ACADIA Pharmaceuticals Inc.
Deciphera Pharmaceuticals Inc has an analyst consensus of Strong Buy, with a price target consensus of $46.40, which is a 132.7% upside from current levels. In a report issued on October 19, Piper Jaffray also maintained a Buy rating on the stock with a $50 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $45.61 and a one-year low of $15.15. Currently, Deciphera Pharmaceuticals Inc has an average volume of 207.5K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Deciphera Pharmaceuticals, Inc. operates as a biotechnology company which develops and manufactures kinase inhibitor treatments for cancer by cutting off the ability of tumor cells to thrive and spread. The firm designs a drug candidate, DCC-2618, to inhibit the full spectrum of mutant or amplified KIT and PDGFRa kinases that drive cancers such as gastrointestinal stromal tumors (GIST), advanced systemic mastocytosis (ASM), gliomas, and other solid tumors. It also develops two other clinical-stage drug candidates, DCC-3014 and rebastinib, as immuno-oncology kinase, inhibitors targeting the kinases CSF1R, and TIE2 kinas. The company was founded by Peter A. Petillo and Daniel L. Flynn in November 2003 and is headquartered in Waltham, MA.
