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Sage Therapeutics price target lowered to $9 from $10 at TD Cowen

TD Cowen lowered the firm’s price target on Sage Therapeutics (SAGE) to $9 from $10 and keeps a Hold rating on the shares. The firm noted they announced dalzanemdor failed to meet the 1 o EP of change from BL on the Symbol Digit Modalities Test at D84 in the Ph2 Huntington s cognitive impairment study. No stat sig or clinically meaningful differences were seen on secondary endpoints.

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