Oppenheimer Maintains Perform on ACADIA Pharmaceuticals, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jay Olson maintains a Perform rating on ACADIA Pharmaceuticals (ACAD) and lowers the price target from $25 to $19.
March 12, 2024 | 12:14 pm
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Oppenheimer maintains a Perform rating on ACADIA Pharmaceuticals and lowers the price target from $25 to $19.
The reduction in price target by Oppenheimer, a reputable financial institution, could lead to a negative perception among investors regarding ACADIA Pharmaceuticals' future financial performance and stock valuation. This adjustment reflects a less optimistic outlook on the company's stock, potentially influencing short-term trading behavior negatively.
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