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Bright Minds price target raised to $220 from $190 at Piper Sandler

Piper Sandler raised the firm’s price target on Bright Minds (DRUG) to $220 from $190 and keeps an Overweight rating on the shares. The firm caught up with Bright Minds following earnings, where management reflected confidence in the progress made across programs this past quarter. Piper remains bullish on Bright Minds and expects the stock will continue trading-up throughout the year, driving share-gains.

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