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Analysts Offer Insights on Healthcare Companies: Corcept Therapeutics (CORT) and Mind Medicine (MNMD)

Tipranks - Fri Jan 2, 1:52AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Corcept Therapeutics (CORTResearch Report) and Mind Medicine (MNMDResearch Report) with bullish sentiments.

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Corcept Therapeutics (CORT)

In a report issued on December 30, Joon Lee from Truist Financial maintained a Buy rating on Corcept Therapeutics, with a price target of $50.00. The company’s shares closed last Wednesday at $34.80.

According to TipRanks.com, Lee is a top 100 analyst with an average return of 36.7% and a 60.4% success rate. Lee covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and BioMarin Pharmaceutical. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corcept Therapeutics with a $110.20 average price target.

See the top stocks recommended by analysts >>

Mind Medicine (MNMD)

Mind Medicine received a Buy rating and a $20.00 price target from Chardan Capital analyst Rudy Li yesterday. The company’s shares closed last Wednesday at $13.39.

According to TipRanks.com, Li is a 5-star analyst with an average return of 66.1% and a 57.1% success rate. Li covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Centessa Pharmaceuticals, and Alto Neuroscience, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mind Medicine with a $30.80 average price target, a 138.4% upside from current levels. In a report issued on December 23, JonesTrading also initiated coverage with a Buy rating on the stock with a $61.00 price target.

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