RBC Raises Acadia Pharmaceuticals Price Target to $38
The target increase and sizable gap to the posted price are directionally positive, but the lack of a disclosed prior target limits how much weight to give the update.
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The target increase and sizable gap to the posted price are directionally positive, but the lack of a disclosed prior target limits how much weight to give the update.
What happened, with direct paths to the underlying reporting
RBC Capital raised its ACAD price target to $38 from an unspecified prior level. The posted share price was $22.39, leaving substantial implied upside to the new target, though analyst targets are opinions.
Target: $38
Posted price: $22.39
Analyst firm: RBC Capital
Analyst: Brian Abrahams
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