ACADIA Pharmaceuticals Announces Senior Management Appointments in Manufacturing, Quality, Compliance, Access and Reimbursement and Business Development

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Cowen Raises Price Target on Acadia Pharma (ACAD) Following 2Q15

August 7, 2015 6:56 AM EDT

Cowen reiterated an Outperform rating on Acadia Pharmaceuticals (NASDAQ: ACAD), and raised the price target to $50.00 (from $43.00), following 2Q15 results. ACAD reported 2Q15 EPS of $(0.39) vs consensus of $(0.33).

Analyst Ritu Baral commented, "ACAD's 2Q15 call was largely uneventful with ACAD... More