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Stock impact report

Assessing Crinetics Pharmaceuticals (CRNX) Valuation After Equity Raise PALSONIFY Launch And Positive Atumelnant Data [Yahoo! Finance]

Crinetics Pharmaceuticals, Inc. (CRNX) 
Last crinetics pharmaceuticals, inc. earnings: 3/9 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
launch revenue above US$5 million and positive Phase 2 atumelnant data in congenital adrenal hyperplasia. See our latest analysis for Crinetics Pharmaceuticals. The recent equity raise, PALSONIFY launch update and positive atumelnant Phase 2 readout come on top of an 18.52% 90 day share price return and a 274.74% five year total shareholder return, suggesting momentum has been building over both shorter and longer periods. If this kind of move in rare disease biotech interests you, it could be worth scanning other healthcare stocks that might be setting up for their own catalysts. With CRNX trading at US$53.25 against an US$83.00 analyst target and an intrinsic value marker that flags roughly a 90% discount, you have to ask: is this a genuine mispricing, or is the market already baking in future growth? At a last close of US$53.25, Crinetics Pharmaceuticals is on a P/B of 4.7x, which screens as good value versus direct peers but richer than the wider US pharmaceuticals group Show less Read more
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