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Intra-Cellular price target raised to $95 from $92 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Intra-Cellular to $95 from $92 and keeps an Overweight rating on the shares. The firm’s estimates are in line with consensus on Caplyta revenues and ahead of the sNDA filing for adjunct MDD, it would listen for updates on the sales force expansion, including the addition of the 150 sales representatives in Q3 and second expansion next year, the analyst tells investors in a preview note.

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