B of A Securities Maintains Neutral on ACADIA Pharmaceuticals, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tazeen Ahmad maintains a Neutral rating on ACADIA Pharmaceuticals (NASDAQ:ACAD) and raises the price target from $23 to $26.
May 22, 2023 | 10:59 am
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NEUTRAL IMPACT
B of A Securities analyst Tazeen Ahmad maintains a Neutral rating on ACADIA Pharmaceuticals and raises the price target from $23 to $26.
The news directly mentions ACADIA Pharmaceuticals and the price target increase by B of A Securities analyst Tazeen Ahmad. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The relevance is 100 as ACAD is the main subject of the news, and the importance is 80 as price targets can influence investor sentiment. The confidence in the analysis is 90, as the information comes from a reputable source.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100