Wall Street Analysts See Upside Potential for 5 Stocks with Rising Price Targets

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01. Axsome Therapeutics, Inc. (NASDAQ:AXSM)

Upside Potential: 38%

On March 28, Mizuho, a prominent financial institution, increased its price target on Axsome Therapeutics, Inc. (NASDAQ:AXSM), a key player in the pharmaceutical industry. Despite the minimal adjustment from $108.00 to $109.00, they upheld their Buy rating for the company. This adjustment implies a significant 38% upside potential compared to the stock’s current market price of $77.55 as of April 1. Axsome Therapeutics, Inc. (NASDAQ:AXSM) operates in the highly competitive and dynamic pharmaceutical sector, focusing on the development of innovative therapies to address unmet medical needs in various therapeutic areas. Mizuho’s decision to maintain a Buy rating and slightly increase the price target reflects their confidence in Axsome Therapeutics, Inc. (NASDAQ:AXSM) continued growth prospects and potential for value creation for investors. Mizuho’s reaffirmation of a Buy rating and modest increase in the price target for Axsome Therapeutics, Inc. (NASDAQ:AXSM) reflect their positive assessment of the company’s innovative pipeline, strategic partnerships, financial strength, and execution capabilities within the competitive pharmaceutical industry. The upward adjustment in the price target signals Mizuho’s confidence in Axsome Therapeutics, Inc. (NASDAQ:AXSM) potential to deliver value for investors in the coming months and years.

Should you invest $1,000 in Axsome Therapeutics right now?

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