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Investment analysts at Goldman Sachs initiated coverage on shares of SAGE Therapeutics (NASDAQ:SAGE) in a note issued to investors on Tuesday, reports. The firm set a “neutral” rating on the stock.

Separately, analysts at Leerink Swann initiated coverage on shares of SAGE Therapeutics in a research note on Tuesday. They set an “outperform” rating on the stock.

SAGE Therapeutics (NASDAQ:SAGE) opened at 33.40 on Tuesday. SAGE Therapeutics has a 1-year low of $24.25 and a 1-year high of $34.88. The stock has a 50-day moving average of $28.74 and a 200-day moving average of $28.74. The company’s market cap is $833.7 million.

SAGE Therapeutics, Inc is a biopharmaceutical company. The Company is focused on development and commercialization of therapies for the treatment of life-threatening, rare central nervous system (NASDAQ:SAGE) disorders.

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