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Minerva price target raised to $7 from $4 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Minerva (NERV) to $7 from $4 and keeps a Neutral rating on the shares. The firm cites the “promising positioning” of the new schizophrenia study for potential approval and additional funding to support its progress for the target boost.

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