MapLight Therapeutics, Inc. (NASDAQ:MPLT) is one of the
8 Healthcare Stocks Insiders Are Buying. On April 8, 2026, Needham initiated coverage of MapLight Therapeutics, Inc. (NASDAQ:MPLT) with a Buy rating and a $37 price target. Needham said the muscarinic class could be “disruptive” across multiple indications, including schizophrenia and Alzheimer’s disease psychosis, and noted ML-007C-MA may be “differentiated” from Cobenfy on tolerability and convenience, with potential to reach $1.5B in sales by 2035.
On April 7, 2026, TD Cowen initiated coverage of MapLight Therapeutics with a Buy rating, highlighting its pipeline targeting central nervous system and neuropsychiatric conditions. TD Cowen said the lead asset ML-007C-MA is positioned to improve on Cobenfy’s profile in schizophrenia, with a Phase II readout expected in Q3, and views the shares as undervalued based on this opportunity.
Last month, Canaccord initiated coverage of MapLight Therapeutics with a Buy rating and a $35 price target. Canaccord said the company’s focus on novel CNS therapeutics supports its schizophrenia opportunity and recommends buying the stock ahead of Phase 2 data for ML-007C-MA expected in Q3.
MapLight Therapeutics, Inc. (NASDAQ:MPLT) develops therapies for central nervous system disorders.
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