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Raymond James raises Rapport Therapeutics price target to $86 after positive Phase 2 trial for bipolar mania drug.

Analyst Insights
20 Oct 2026
Alex Lavoie
View Source
Bullish
Raymond James raises Rapport Therapeutics price target to $86 after positive Phase 2 trial for bipolar mania drug.

Raymond James increased its price target for Rapport Therapeutics to $86 following positive Phase 2 trial results of RAP-219, a drug treating acute bipolar mania. The trial showed statistically significant improvement in patients and a favorable safety profile, supporting plans for late-stage testing. RAP-219 also shows potential for treating focal epilepsy, with analysts estimating peak sales could reach $1 billion. The stock responded with increased trading volume and a price rise, reflecting optimism about the drug's commercial prospects.

Raymond James' raised target for Rapport Therapeutics provides context for health sector activity on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Oct 21, 2026 02:12 WIB: out of 150 priced US health-sector stocks, 133 rose and 16 fell. Notable movers include DFTX (Definium Therapeutics Inc.) up 7.19% at USD 35.34 with a typical hold time of 7 days, DVA (Davita Inc) down 6.99% at USD 173.93 with 24% sell and 76% buy order activity and a typical hold time of 115 days, and TNGX (Tango Therapeutics Inc.) up 6.97% at USD 25.17 with a typical hold time of 6 days.

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