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Praxis Precision initiated with an Outperform at Wolfe Research

Wolfe Research initiated coverage of Praxis Precision (PRAX) with an Outperform rating and $500 price target The firm launched coverage of the neuroscience biotech sector with a “portfolio of high conviction names across multiple therapeutic areas.” Wolfe believes Praxis could become a key player in neurology for both essential tremor and epilepsy.

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