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Acadia Pharmaceuticals price target raised to $29 from $24 at Mizuho

Mizuho raised the firm’s price target on Acadia Pharmaceuticals (ACAD) to $29 from $24 and keeps a Neutral rating on the shares. The firm upped the company’s sales estimates post the “solid” Q4 report, driven by higher Nuplazid expectations. However, it sees a balanced risk/reward at current share levels.

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