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Sage Therapeutics price target raised to $26 from $21 at RBC Capital

Sage Therapeutics price target raised to $26 from $21 at RBC Capital

RBC Capital raised the firm’s price target on Sage Therapeutics to $26 from $21 and keeps a Sector Perform rating on the shares. The company’s Q4 results saw solid early patient numbers for Zurzuvae postpartum depression launch and reasonably favorable initial metrics around prescriber base, payer dynamics, and anecdotal experience, the analyst tells investors in a research note.

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