B of A Securities Maintains Buy Rating for Janux Therapeutics: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
B of A Securities has reaffirmed its Buy rating on Janux Therapeutics (NASDAQ:JANX), increasing the price target from $24.00 to $48.00. Despite a recent 1.44% decline in share price to $38.27, the new target suggests a potential 25.42% upside. Janux Therapeutics is a clinical-stage biopharmaceutical company focused on developing cancer treatments.

March 13, 2024 | 5:00 pm
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B of A Securities maintains a Buy rating on Janux Therapeutics, raising the price target to $48, indicating a potential 25.42% upside from the current price.
The decision by B of A Securities to maintain a Buy rating and increase the price target for Janux Therapeutics reflects a strong vote of confidence in the company's potential, especially in its cancer treatment developments. This endorsement could positively influence investor sentiment and drive the stock price up in the short term, especially considering the significant potential upside highlighted.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100