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Receptos (NASDAQ:RCPT)’s share price reached a new 52-week high during trading on Wednesday , Stock Ratings Network.com reports. The stock traded as high as $46.34 and last traded at $45.89, with a volume of 441,361 shares trading hands. The stock had previously closed at $43.66.

A number of analysts have recently weighed in on RCPT shares. Analysts at Credit Suisse initiated coverage on shares of Receptos in a research note on Friday, January 10th. They set an “outperform” rating and a $31.00 price target on the stock. Separately, analysts at Leerink Swann raised their price target on shares of Receptos to $45.00 in a research note on Thursday, December 5th.

The stock’s 50-day moving average is $37.83 and its 200-day moving average is $26.99. The company’s market cap is $996.3 million.

Receptos, Inc (NASDAQ:RCPT) is a biopharmaceutical company.

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