BofA analyst Jason Gerberry raised the firm’s price target on Axsome Therapeutics (AXSM) to $178 from $176 and keeps a Buy rating on the shares. Based on a 5% consensus revenue beat in Q3, the firm increased its total company sales estimate by 2%-3% in 2025-26 driven by better net pricing for Auvelity in major depressive disorder, the analyst tells investors in a post-earnings note.
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