Piper Sandler analyst David Amsellem reiterated a Buy rating on Supernus Pharmaceuticals (SUPN – Research Report) today and set a price target of $43.00. The company’s shares closed yesterday at $26.94.
Amsellem covers the Healthcare sector, focusing on stocks such as Alkermes, Revance Therapeutics, and Supernus Pharmaceuticals. According to TipRanks, Amsellem has an average return of -6.4% and a 37.80% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Supernus Pharmaceuticals with a $43.00 average price target.
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SUPN market cap is currently $1.48B and has a P/E ratio of 69.46.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SUPN in relation to earlier this year. Earlier this month, Frederick Hudson, a Director at SUPN sold 9,093.00 shares for a total of $259,150.50.
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Supernus Pharmaceuticals (SUPN) Company Description:
Supernus Pharmaceuticals, Inc. engages in the development and commercialization of products for the treatment of central nervous system diseases. Its neurology portfolio consists of Oxtellar XR and Trokendi XR, which treats patients with epilepsy. The firm also develops product candidates for the treatment of impulsive aggression and for the treatment of attention deficit hyperactivity disorder. The company was founded by Jack A. Khattar on March 30, 2005 and is headquartered in Rockville, MD.
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