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Bright Minds Biosciences (NASDAQ:DRUG) Stock Price Expected to Rise, HC Wainwright Analyst Says
HC Wainwright has increased its price target for Bright Minds Biosciences (NASDAQ:DRUG) to $145 from $115, maintaining a “buy” rating and suggesting an 82% upside. The company’s stock currently trades around $79.60 with a market cap of $774.5 million and an average analyst consensus of “Moderate Buy” with a $124.50 target. This comes after Bright Minds Biosciences reported a quarterly EPS of -$0.70, beating analyst estimates, and is progressing with its lead oral candidate BMB-101.