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Sage Therapeutics (SAGE) PT Raised to $198 at Stifel

December 7, 2017 12:37 PM EST
Get Alerts SAGE Hot Sheet
Price: $8.68 --0%

Rating Summary:
    3 Buy, 25 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 3 | Down: 5 | New: 34
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Stifel raised its price target on Sage Therapeutics (NASDAQ: SAGE) to $198.00 (from $105.00) while maintaining a Buy rating.

"Results were notable for clean safety, fast onset and solid durability of effect," Walsh said. "Today's positive results, paired with November's positive P3 brexanolone results (note here) suggest the company's pipeline of proprietary GABAA modulators may offer potential treatment for a range of psychiatric indications."



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