PRAX Similar Chart Price Prediction
The price of PRAX is predicted to go up -14.18%, based on the high correlation periods with TKR. The similarity of these two price pattern on the periods is 94.83%.
PRAX
TKR
Down: -14.18%Similarity: 94.83%
PRAX Revenue Forecast
PRAX EPS Forecast
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PRAX Analyst's Forecast
Joon Lee
Truist Securities
Strong Buy
2025-03-03
Price Target
$175 → $85
Upside
+153.35%
Truist analyst Joon Lee lowered the firm's price target on Praxis Precision to $85 from $175 and keeps a Buy rating on the shares. Praxis Precision disclosed on Friday that the Independent Data Monitoring Committee recommended the company stop its Phase 3 Essential3 Study 1 for futility, though company plans to take both Study 1 and 2, given their advanced stages, to completion with topline expected in the third quarter of 2025, the analyst tells investors in a research note. The firm removed ET from its model, and says it believes Study 2, which is a randomized-withdrawal study, has a higher probability of success than the parallel comparator Study 1.
Joel Beatty
Baird
Buy
2025-03-03
Price Target
$117 → $73
Upside
+117.59%
Ami Fadia
Needham
Strong Buy
2025-03-03
Price Target
$150 → $85
Upside
+153.35%
