Cantor Fitzgerald Maintains Overweight on Celldex Therapeutics, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Kristen Kluska has maintained an Overweight rating on Celldex Therapeutics (NASDAQ:CLDX) but lowered the price target from $54 to $52.
November 03, 2023 | 4:49 pm
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Cantor Fitzgerald has maintained an Overweight rating on Celldex Therapeutics but lowered the price target from $54 to $52.
The news is directly about Celldex Therapeutics. The maintained Overweight rating indicates that the analyst still has a positive outlook on the company, which could be positive for the stock. However, the lowered price target might indicate a slightly less optimistic view on the company's future performance, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100