Stifel Maintains Hold on ACADIA Pharmaceuticals, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Paul Matteis has maintained a Hold rating on ACADIA Pharmaceuticals (NASDAQ:ACAD) and increased the price target from $25 to $27.
December 18, 2023 | 2:20 pm
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NEUTRAL IMPACT
Stifel analyst Paul Matteis maintains a Hold rating on ACADIA Pharmaceuticals and raises the price target to $27.
The increase in price target by Stifel suggests a positive outlook on ACADIA Pharmaceuticals' future performance, but the Hold rating indicates that the analyst does not see significant short-term price movement. The adjustment in price target may lead to a mild positive investor sentiment, but since the rating remains a Hold, it is not expected to have a strong impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100