Jefferies Reiterates Buy Rating on Praxis Precision Medicines Inc. (PRAX)

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TD Cowen: 'We view yesterday's announcement as highly positive for PRAX'

December 31, 2025 7:16 AM EST

TD Cowen analyst Ritu Baral reiterated a Buy rating and $353.00 price target on Praxis Precision Medicines Inc. (NASDAQ: PRAX).

The analyst comments "Yesterday AM, PRAX announced it was granted Breakthrough Designation (BTD) for ulixa in Essential Tremor (ET). As a reminder, per the FDA website, BTD is a process designed to expedite the development and review of drugs... More