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DFTX Piper Sandler raised the firm's price target on Definium Therapeutics to $73 from $48 and keeps an Overweight rating on the shares. The

DFTX Piper Sandler raised the firm's price target on Definium Therapeutics to $73 from $48 and keeps an Overweight rating on the shares. The firm says its thinking is not only a nod to a favorable readthrough to the upcoming Phase III results in generalized anxiety disorder, but also a nod to what in its view will be a wide patient footprint for DT120 in major depressive disorder patients.

DFTX Piper Sandler raised the firm's price target on Definium Therapeutics to $73 from $48 and keeps an Overweight rating on the shares.

The firm says its thinking is not only a nod to a favorable readthrough to the upcoming Phase III results in generalized anxiety disorder, but also a nod to what in its view will be a wide patient footprint for DT120 in major depressive disorder patients.