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Fly News Breaks for February 1, 2019
CORT
Feb 1, 2019 | 07:25 EDT
Cantor Fitzgerald analyst Charles Duncan downgraded Corcept Therapeutics to Neutral and lowered his price target for the shares to $14 from $20. The company's lower than projected Korlym revenue for Q4 and 2019 guidance points to limited upside potential, Duncan tells investors in a post-earnings research note. Further, the analyst says investors need visibility on relacorilant.