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Analyst Rating: Will Corbus Pharmaceuticals Holdings Inc (CRBP) Stock Lead the Market?

Tuesday, February 14, 2023 10:41 AM | InvestorsObserver Analysts

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Analyst Rating: Will Corbus Pharmaceuticals Holdings Inc (CRBP) Stock Lead the Market?

Wall Street is positive on Corbus Pharmaceuticals Holdings Inc (CRBP). On average, analysts give Corbus Pharmaceuticals Holdings Inc a Buy rating. The average price target is $3, which means analysts expect the stock to fall by -16.43% over the next twelve months. That average ranking earns Corbus Pharmaceuticals Holdings Inc an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating CRBP a Buy today. Find out what this means to you and get the rest of the rankings on CRBP!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Corbus Pharmaceuticals Holdings Inc Stock Today?

Corbus Pharmaceuticals Holdings Inc (CRBP) stock is trading at $3.59 as of 10:26 AM on Tuesday, Feb 14, a decline of -$0.68, or -15.91% from the previous closing price of $4.27. The stock has traded between $3.59 and $4.02 so far today. Volume today is elevated. So far 79,785 shares have traded compared to average volume of 52,984 shares. Click Here to get the full Stock Report for Corbus Pharmaceuticals Holdings Inc stock.

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