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Intra-Cellular price target raised to $103 from $83 at Baird

Baird analyst Joel Beatty raised the firm’s price target on Intra-Cellular to $103 from $83 and keeps an Outperform rating on the shares. The firm increased its price target after successful topline ph3 results for Caplyta in major depressive disorder (MDD) as they view the efficacy as at or above investor expectations, and safety as generally in line with expectations.

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