2020-12-01 06:07:34 SAGE Sage Therapeutics
Biogen
12/01/20 12/0106:07 12/01/2006:07 | Sage Therapeutics price target lowered to $74 from $81 at H.C. WainwrightH.C. Wainwright analyst Douglas Tsao lowered the firm's price target on Sage Therapeutics (SAGE) to $74 from $81 and reiterates a Neutral rating on the shares. The analyst says that while yesterday's conference call addressed some of the questions related to the Biogen (BIIB) collaboration for zuranolone and Sage-324, he remains "somewhat perplexed" by the timing being so close to pivotal readouts.Further, Tsao is unconvinced that Biogen is the right partner to maximize the value of zuranolone. Sage Therapeutics
Biogen
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