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News 2026-10-09 12:30 UTC

JPMorgan initiates coverage on Definium Therapeutics at Overweight

JPMorgan initiated coverage of Definium Therapeutics (DFTX) with an Overweight rating and an $84 price target, citing the development of lead asset DT120 ODT for various neuropsychiatric disorders. The note characterizes DT120 ODT as a psychedelic drug with potential to shift the neuropsychiatry treatment paradigm and