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Acadia Pharmaceuticals price target raised to $39 from $35 at TD Cowen

TD Cowen raised the firm’s price target on Acadia Pharmaceuticals (ACAD) to $39 from $35 and keeps a Buy rating on the shares. The firm noted the company is expected to release topline Ph3 PBO-controlled PWS data of ACP-101 (intranasal carbetocin) in early Q4 and after adding the Ph3 PWS program to their pNPV, they raised their target.

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