Baird raised the firm’s price target on Acadia Pharmaceuticals (ACAD) to $31 from $28 and keeps an Outperform rating on the shares. the firm raised its target to reflect its favorable verdict on its Nuplazid patent that extends into 2038.
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Read More on ACAD:
- ACADIA Pharmaceuticals’ Legal Victory and Pipeline Expansion Drive Buy Rating and Increased Price Target
- Acadia Pharmaceuticals price target raised to $32 from $27 at H.C. Wainwright
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- Acadia confirms court ruling in favor of Nuplazid formulation patent
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