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RBC Capital raised the price target on Acadia Pharmaceuticals Inc (NASDAQ:ACAD) to $34 from $32 and kept an Outperform rating on the shares. Analyst Gregory Renza cites the Company’s confirmed intentions to resubmit the sNDA filing of pimavanserin in Alzheimer’s Disease Psychosis, with a “narrower though still robust opportunity” as the largest subtype of DRP.
...read full article on Benzinga
