Wedbush Maintains Neutral on Sage Therapeutics, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico maintains a Neutral rating on Sage Therapeutics and lowers the price target from $9 to $8.

October 09, 2024 | 1:57 pm
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NEGATIVE IMPACT
Wedbush analyst Laura Chico maintains a Neutral rating on Sage Therapeutics and lowers the price target from $9 to $8, indicating a cautious outlook.
The lowering of the price target from $9 to $8 by Wedbush suggests a less optimistic view on Sage Therapeutics' short-term performance. The Neutral rating indicates that the analyst does not foresee significant upside or downside, but the reduced price target may lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100