Stifel Nicolaus Remains a Hold on Corcept Therapeutics Inc (CORT)


In a report released yesterday, Adam Walsh from Stifel Nicolaus reiterated a Hold rating on Corcept Therapeutics Inc (NASDAQ: CORT), with a price target of $11. The company’s shares closed yesterday at $13.98, close to its 52-week low of $12.50.

According to TipRanks.com, Walsh is a 4-star analyst with an average return of 14.7% and a 49.3% success rate. Walsh covers the Healthcare sector, focusing on stocks such as Galmed Pharmaceuticals, Reata Pharmaceuticals, and Ascendis Pharma.

Corcept Therapeutics Inc has an analyst consensus of Moderate Buy, with a price target consensus of $20.50.

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The company has a one-year high of $25.96 and a one-year low of $12.50. Currently, Corcept Therapeutics Inc has an average volume of 1.26M.

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.

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.

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.

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