Karuna Therapeutics Inc. (KRTX) PT Raised to $150 at Mizuho Securities

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Go back to Karuna Therapeutics Inc. (KRTX) PT Raised to $150 at Mizuho Securities

Karuna Therapeutics Inc. (KRTX) Prices 2.08M Share Common Offering at $120/Sh

March 2, 2021 6:08 AM EST

Karuna Therapeutics, Inc. (NASDAQ: KRTX), a clinical-stage biopharmaceutical company driven to create and deliver transformative medicines for people living with psychiatric and neurological conditions, today announced the pricing of an underwritten public offering of 2,083,334 shares of its common stock at a public offering price of $120.00 per share. The gross proceeds to Karuna from the... More

Karuna Therapeutics Inc. (KRTX) PT Raised to $165 at RBC Capital, Sees Underappreciated De-Risking

March 1, 2021 6:50 AM EST

RBC Capital analyst Brian Abrahams raised the price target on Karuna Therapeutics Inc. (NASDAQ: KRTX) to $165.00 (from $160.00) while maintaining a Outperform rating.

The analyst comments "Late last week, KRTX reported preliminary qualitative data from its ph.Ib study of lead drug KarXT in... More