ATAI Life Sciences: Advancing Psychedelic Pipeline Sets Up Data-Rich 2026 and Supports Reiterated Buy Rating
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ATAI Life Sciences received a Buy rating from analyst Justin Walsh of JonesTrading, with a price target of $16.00. Walsh cites the company's advancing clinical pipeline and market potential, particularly for lead compounds BPL-003 and VLS-01 in treating resistant depression. Positive Phase IIb data for BPL-003 indicates significant symptom improvement. Planned regulatory interactions and ongoing studies further support the company's prospects, justifying the Buy rating. Needham also maintains a Buy rating with a $12.00 price target.
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