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Praxis Precision price target raised to $280 from $65 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Praxis Precision (PRAX) to $280 from $65 and keeps a Buy rating on the shares. The company reported a “surprise win” for ulixacaltamide in essential tremor, the analyst tells investors in a research note. The firm remains a buyer of the stock after yesterday’s big rally on its potential in epilepsy.

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