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Axsome Therapeutics price target lowered to $180 from $200 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Axsome Therapeutics (AXSM) to $180 from $200 and keeps a Buy rating on the shares. The company reported a revenue and earnings miss in Q1, the analyst tells investors in a research note. The firm cites Axsome’s moderately slower revenue ramp for the target cut.

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