Truist analyst Joon Lee lowered the firm’s price target on Corcept Therapeutics (CORT) to $135 from $150 and keeps a Buy rating on the shares. The company’s Q1 Korlym revenue of $157.2M was softer than expected due to bandwidth issues with the pharmacy vendor, the analyst tells investors in a research note. More concerning is if demand for relacorilant, which is modeled to be a larger product, would be met if approved by December 30 PDUFA, the firm adds.

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Corcept Therapeutics: Strong Growth Potential and Promising Pipeline Support Buy Rating Corcept Therapeutics price target lowered to $145 from $150 at H.C. Wainwright Corcept Therapeutics Reports Q1 2025 Financial Results Closing Bell Movers: Palantir falls 9%, Ford down 2% on earnings Corcept Therapeutics reports Q1 EPS 17c, consensus 14c

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