Optimism Surrounds Praxis Precision Medicines (PRAX) Amid Potential FDA Approval for Ulixacaltamide [Yahoo! Finance]
Praxis Precision Medicines, Inc. (PRAX)
Company Research
Source: Yahoo! Finance
As of the close of play on April 24, the broader consensus sentiments towards Praxis Precision Medicines Inc. (NASDAQ:PRAX) remained strongly bullish. The stock received coverage from 16 analysts, 14 of whom assigned Buy ratings and 1 gave a Hold call. With just 1 Sell rating, it carries a median 1-year target price of $625.31, leading to an upside potential of more than 81% for investors. This makes it one of the standout names within the biotech space. Copyright: nexusplexus / 123RF Stock Photo On April 10, Raymond James assigned a Strong Buy rating to Praxis Precision Inc. (NASDAQ:PRAX). The firm set a target price of $815, which leads to a lucrative upside potential of more than 136% at the current level. The firm reflected on the prevailing bearish sentiment towards the stock, which it believes is based on a predetermined conclusion completely devoid of empirical evidence. It emphasized that the expected FDA approval of ulixacaltamide during early 2027 could act as a defin
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PRAX
News
- Praxis Precision Medicines (PRAX): One of the Best Upside Stocks [Yahoo! Finance]Yahoo! Finance
- FDA Moves Ulixacaltamide Forward As Praxis Valuation Gap Draws Focus [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines (PRAX) had its "buy" rating reaffirmed by Deutsche Bank Aktiengesellschaft.MarketBeat
- Praxis Precision Medicines (PRAX) had its "buy" rating reaffirmed by Needham & Company LLC. They now have a $510.00 price target on the stock.MarketBeat
- Praxis Precision Medicines Announces FDA Acceptance of New Drug Application for Ulixacaltamide HCl in Patients with Essential TremorGlobeNewswire
PRAX
Earnings
- 2/19/26 - Miss
PRAX
Sec Filings
- 4/14/26 - Form 8-K
- 4/6/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- PRAX's page on the SEC website