Cantor Fitzgerald Reiterates Overweight on ACADIA Pharmaceuticals, Maintains $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Charles Duncan reiterated an Overweight rating on ACADIA Pharmaceuticals (ACAD) and maintained a $37 price target. This reaffirms the firm's positive outlook on the stock.
April 10, 2024 | 1:33 pm
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Cantor Fitzgerald analyst Charles Duncan reiterated an Overweight rating on ACADIA Pharmaceuticals with a $37 price target, indicating a positive outlook.
The reiteration of an Overweight rating and the maintenance of a $37 price target by a reputable analyst suggests a strong belief in the company's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100