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Benzinga
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These Analysts Revise Their Forecasts On Sage Therapeutics Following Acquisition News

1. Supernus agreed to acquire SAGE for $12.00 per share in cash. 2. Deal valued at approximately $795 million, enhancing Supernus growth profile. 3. Analysts revised target prices for SAGE post-announcement, showing mixed sentiment. 4. SAGE shares rose 0.4% to $9.11 following the announcement. 5. Acquisition includes a non-tradable contingent value right up to $3.50.

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FAQ

Why Bullish?

The acquisition price exceeds market expectations, suggesting strong investor interest.

How important is it?

The acquisition by Supernus is a major corporate event for SAGE, likely affecting future valuations.

Why Short Term?

Immediate response to acquisition likely to affect SAGE's share price short-term.

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