Catalyst Pharmaceuticals (CPRX) Earning Somewhat Positive News Coverage, Study Finds
News articles about Catalyst Pharmaceuticals (NASDAQ:CPRX) have been trending somewhat positive on Friday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Catalyst Pharmaceuticals earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news headlines about the biopharmaceutical company an impact score of 46.3670067361327 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Catalyst Pharmaceuticals, Inc., (NASDAQ: CPRX), Trimble Inc., (NASDAQ: TRMB), Deere & Company, (NYSE: DE … – Stocks In The News (press release) (tradingnewsnow.com)
- Catalyst Pharmaceuticals Announces Phase 2 Study of Firdapse® in Ambulatory Patients with Spinal Muscular Atrophy … – GlobeNewswire (press release) (globenewswire.com)
- Catalyst Initiates Phase II Study for Pipeline Drug Firdapse (sg.finance.yahoo.com)
- Catalyst Pharmaceuticals Announces Phase 2 Study of Firdapse(R) in Ambulatory Patients with Spinal Muscular Atrophy (SMA) (pipelinereview.com)
- Catalyst Pharmaceuticals Announces Phase 2 Study of Firdapse® in Ambulatory Patients with Spinal Muscular Atrophy … – Markets Insider (markets.businessinsider.com)
Several research firms have weighed in on CPRX. HC Wainwright reiterated a “buy” rating and set a $6.00 price target on shares of Catalyst Pharmaceuticals in a research note on Friday, November 10th. Zacks Investment Research downgraded Catalyst Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Piper Jaffray Companies set a $6.00 price target on Catalyst Pharmaceuticals and gave the company a “buy” rating in a research note on Monday, August 7th. Roth Capital set a $5.00 price target on Catalyst Pharmaceuticals and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, SunTrust Banks, Inc. set a $5.00 price target on Catalyst Pharmaceuticals and gave the company a “buy” rating in a research note on Tuesday, October 31st. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $5.50.
Shares of Catalyst Pharmaceuticals (NASDAQ:CPRX) opened at $3.36 on Friday. Catalyst Pharmaceuticals has a one year low of $1.01 and a one year high of $3.39.
In related news, insider Patrick J. Mcenany bought 20,000 shares of the stock in a transaction dated Tuesday, September 5th. The shares were purchased at an average price of $2.58 per share, for a total transaction of $51,600.00. Following the completion of the purchase, the insider now directly owns 4,471,026 shares of the company’s stock, valued at $11,535,247.08. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 9.60% of the stock is owned by corporate insiders.
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Catalyst Pharmaceuticals Company Profile
Catalyst Pharmaceuticals, Inc, formerly Catalyst Pharmaceutical Partners, Inc, is a development-stage biopharmaceutical company. The Company is focused on developing and commercializing therapies for people with rare debilitating diseases. The Company has three drugs in development: Firdapse, CPP-109 and CPP-115.
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