Maxim Group analyst Naz Rahman reiterated a Buy rating on Cingulate Inc (CING – Research Report) yesterday and set a price target of $3.00. The company’s shares opened today at $1.08.
According to TipRanks, Rahman is a 3-star analyst with an average return of 2.6% and a 36.52% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Clene, Vertex Pharmaceuticals, and Viking Therapeutics.
Cingulate Inc has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.
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The company has a one-year high of $2.00 and a one-year low of $0.66. Currently, Cingulate Inc has an average volume of 878.8K.
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Cingulate Inc is a clinical stage biopharmaceutical company utilizing its proprietary precision timed release drug delivery platform to build and advance a pipeline of next-generation pharmaceutical products designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes.
Read More on CING:
- Cingulate Announces Successful Transfer of CTx-1301 (dexmethylphenidate) Proprietary PTR™ Manufacturing Processes to Societal CDMO
- Cingulate to Participate in Benzinga All Live Access Event
- Cingulate completes first cohort of Phase 3 trial of CTx-1301
- Cingulate Completes First Cohort of Phase 3 Adult Onset and Duration Trial of CTx-1301 (dexmethylphenidate) for ADHD
- Cingulate Tanks on Teaming Up with Indegene for ADHD Drug
