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SAGE

Sage Therapeutics

$91.90

2.11 (2.35%)

11:00
12/07/17
12/07
11:00
12/07/17
11:00

Sage Therapeutics price target raised to $246 from $123 at Leerink

  • 07

    Dec

SAGE Sage Therapeutics
$91.90

2.11 (2.35%)

12/07/17
LEER
12/07/17
NO CHANGE
LEER
Outperform
Sage Therapeutics '217 MDD data looks like best case scenario, says Leerink
Leerink analyst Paul Matteis notes that Sage Therapeutics announced positive data for SAGE-217 in its phase 2 randomized, placebo-controlled study in major depressive disorder, or MDD. The analyst believes the data looks like best case scenario and expects the stock to trade up significantly today. He reiterates an Outperform rating on the shares.
12/07/17
JPMS
12/07/17
NO CHANGE
JPMS
Sage Therapeutics data 'best-case scenario,' says JPMorgan
JPMorgan analyst Cory Kasimov views this morning's Phase 2 trial data of SAGE-217 in major depressive disorder as a "best-case scenario." The analyst expects the stock to be up "sharply" today given the strength of the data. He has an Overweight rating on Sage shares.
12/07/17
ADAM
12/07/17
NO CHANGE
Target $191
ADAM
Buy
Sage Therapeutics price target raised to $191 from $140 at Canaccord
12/07/17
ADAM
12/07/17
NO CHANGE
Target $191
ADAM
Buy
Canaccord ups Sage target to $191 on 'unequivocally positive' data
Canaccord Genuity analyst John Newman raised his price target for Sage Therapeutics to $191 from $140 after the company reported Phase II trial results for SAGE-217 in major depressive disorder. The stock in early trading is up 66%, or $60.86, to $152.76. The data are "unequivocally positive" with a statistically significant effect versus placebo after the first dose, Newman tells investors in a research note. By comparison, currently marketed selective serotonin reuptake inhibitor depression drugs often take months to show an effect, the analyst points out. Further, he views SAGE-217's safety as "clean" and "highly encouraging." While admitting some investors may want to take profits on today's profits, Newman thinks Sage's long-range prospects are positive and he maintains a Buy rating on the shares.

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GPOR

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TSRO

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LNCE

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CSX

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ADBE

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ADBE

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SON

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$53.13

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04:59
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SEE

Sealed Air

$48.03

-0.22 (-0.46%)

, AVY

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04:58
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HCLP

Hi-Crush Partners

$10.80

-0.1 (-0.92%)

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MET

MetLife

$52.49

-0.35 (-0.66%)

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  • 15

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ADRNY

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$21.69

-0.14 (-0.64%)

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  • 15

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BASFY

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  • 15

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CUTR

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$47.20

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$3.70

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NBR

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  • 15

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RCKZF

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  • 15

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PJT

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  • 15

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