BTIG raised the firm’s price target on Praxis Precision (PRAX) to $499 from $424 and keeps a Buy rating on the shares. The firm also names the stock its Top Pick for 2026. The positive pre-NDA meeting and receipt of written feedback from the FDA aligns Praxis with the Agency on the content of its NDA for ulixa in ET that will be submitted in early 2026, the analyst tells investors in a research note.
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