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Axsome Therapeutics price target raised to $194 from $191 at Morgan Stanley

Morgan Stanley analyst Sean Laaman raised the firm’s price target on Axsome Therapeutics (AXSM) to $194 from $191 and keeps an Overweight rating on the shares ahead of the company’s Q3 earnings report due on November 3. The firm expects the focus to be on updates regarding the sNDA filing for AXS-05 in ADA, Auvelity commercial progress in MDD, and early commercial dynamics for Symbravo in migraine, the analyst tells investors in a preview.

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