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Axsome Therapeutics price target raised to $198 from $189 at RBC Capital

RBC Capital raised the firm’s price target on Axsome Therapeutics (AXSM) to $198 from $189 and keeps an Outperform rating on the shares after its Q3 results. The firm continues to see solid commercial execution with good growth potential for Auvelity helped by an improving payer landscape and continued prescriber interest and steady growth for Symbravo and Sunosi, the analyst tells investors in a research note.

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