Castle Biosciences (NASDAQ:CSTL) Now Covered by Svb Leerink

Svb Leerink assumed coverage on shares of Castle Biosciences (NASDAQ:CSTL) in a report issued on Monday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $28.00 target price on the stock.

Several other research analysts have also recently commented on the company. Robert W. Baird started coverage on Castle Biosciences in a research report on Monday. They set an outperform rating and a $27.00 price target for the company. Canaccord Genuity initiated coverage on Castle Biosciences in a research report on Monday. They set a buy rating and a $26.00 price target for the company. Finally, Leerink Swann initiated coverage on Castle Biosciences in a research note on Monday. They issued an outperform rating and a $28.00 price objective on the stock. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of $26.80.

Shares of NASDAQ CSTL opened at $19.93 on Monday. Castle Biosciences has a 52 week low of $17.11 and a 52 week high of $24.75.

In other Castle Biosciences news, major shareholder Mgc Venture Partners 2013 Gp, acquired 312,500 shares of the company’s stock in a transaction on Monday, July 29th. The shares were purchased at an average price of $16.00 per share, for a total transaction of $5,000,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David S. Kabakoff acquired 62,500 shares of the company’s stock in a transaction on Monday, July 29th. The stock was acquired at an average price of $16.00 per share, for a total transaction of $1,000,000.00. The disclosure for this purchase can be found here.

About Castle Biosciences

Castle Biosciences, Inc, a commercial-stage dermatological cancer, develops and commercializes diagnostic and prognostic tests for cancers. Its lead product is DecisionDx-Melanoma, a multi-gene expression profile (GEP) test to identify stage I and II patients at high risk of metastasis based on biological information from 31 genes within their tumor tissue.

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Analyst Recommendations for Castle Biosciences (NASDAQ:CSTL)

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