Mizuho Maintains Buy on ACADIA Pharmaceuticals, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Uy Ear maintains a Buy rating on ACADIA Pharmaceuticals (ACAD) but lowers the price target from $40 to $39.
February 28, 2024 | 1:42 pm
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NEUTRAL IMPACT
Mizuho analyst Uy Ear maintains a Buy rating on ACADIA Pharmaceuticals but lowers the price target from $40 to $39.
The reduction in price target by Mizuho might cause some investors to adjust their expectations for ACADIA Pharmaceuticals' stock value, potentially leading to short-term price fluctuations. However, the maintenance of a Buy rating suggests a continued positive outlook on the company, which could mitigate any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100