Concert Pharma (CNCE) Announces Results of CTP-656 Phase 1; Demonstrated Superior PK Profile to Kalydeco
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Brean Capital Raises Price Target on Concert Pharma (CNCE) Following CTP-656 Phase I Trial Results
September 23, 2015 11:07 AM EDTBrean Capital reiterated a Buy rating on Concert Pharmaceuticals (NASDAQ: CNCE), and raised the price target to $25.00 (from $21.00), following phase I results for CTP-656. If the drug is approved, it could compete head to head with Vertex's Kalydeco which Brean Capital expects to generate... More
Aegis Capital Affirms Concert Pharma (CNCE) at 'Buy' Following CTP-656 Phase 1 Data
September 22, 2015 3:58 PM EDTAegis Capital affirms Concert Pharmaceuticals (Nasdaq: CNCE) with a Buy rating and $26 price target after the company announced positive data from a Phase 1 single ascending dose clinical trial of CTP-656.
Analyst Robert LeBoyer offered the following conclusion: These data show changes that are... More
Roth Capital Raises Price Target on Concert Pharma (CNCE) Following CTP-656 Data
September 22, 2015 1:22 PM EDTRoth Capital reiterated a Buy rating on Concert Pharmaceuticals (NASDAQ: CNCE), and raised the price target to $32.00 (from $22.00), following the company's first public clinical data for CTP-656. The data showed an improved profile to Kalydeco. The company is currently planning a single Phase II... More