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SAGE

Sage Therapeutics

$74.09 /

-1.5 (-1.98%)

, BIIB

Biogen

$240.36 /

-3.61 (-1.48%)

06:07
12/01/20
12/01
06:07
12/01/20
06:07

Sage Therapeutics price target lowered to $74 from $81 at H.C. Wainwright

H.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

Sage Therapeutics

$74.09 /

-1.5 (-1.98%)

BIIB

Biogen

$240.36 /

-3.61 (-1.48%)

  • 07

    Jun

OTHER BREAKING NEWS FROM THE FLY

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