RBC Capital Maintains Outperform Rating for Marinus Pharma: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Marinus Pharma MRNS and lower its price target from $23.00 to $22.00.

Shares of Marinus Pharma are trading down 4.55% over the last 24 hours, at $6.72 per share.

A move to $22.00 would account for a 227.38% increase from the current share price.

About Marinus Pharma

Marinus Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It is focused on developing and commercializing innovative therapeutics to treat epilepsy and neuropsychiatric disorders. Marinus manages the business in one segment, which is the identification and development of neuropsychiatric therapeutics. The Company is developing ganaxolone for multiple epilepsy and other neuropsychiatric indications, including adjunctive, or add-on, therapy for the treatment of drug-resistant focal onset seizures; status epilepticus; Fragile X Syndrome, and PCDH19 pediatric epilepsy.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.