Cowen Initiates Intercept At Outperform

Analysts at Cowen & Company initiated coverage on shares of Intercept

with a Outperform rating. The target price for Intercept is set to $420. Intercept shares have jumped 495.56% over the past 52 weeks, while the S&P 500 index has surged 20.69% in the same period. Intercept's shares fell 0.49% to $285.30 in after-hours trading.