Guggenheim analyst Yatin Suneja raised the firm’s price target on Praxis Precision (PRAX) to $760 from $540 and keeps a Buy rating on the shares after the company presented “compelling” new data from two epilepsy programs at the American Epilepsy Society meeting held this past weekend. The updated RADIANT data for vormatrigine in FOS further de-risk the ongoing POWER 1 study, says the analyst, who adds that Praxis remains one of the firm’s top picks for 2025.
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