The Analyst Verdict: Celldex Therapeutics In The Eyes Of 7 Experts
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Celldex Therapeutics (NASDAQ:CLDX), with a range of bullish to bearish sentiments. The average 12-month price target is $68.29, slightly up from the previous $68.00. The company has shown significant revenue growth but struggles with profitability and asset returns.
September 09, 2024 | 5:00 pm
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Celldex Therapeutics has received mixed analyst ratings, with a slight increase in the average price target to $68.29. The company shows strong revenue growth but faces challenges in profitability and asset returns.
The mixed analyst ratings indicate uncertainty in the market's perception of Celldex Therapeutics. The slight increase in the average price target suggests a modest positive outlook. However, the company's profitability challenges and below-average asset returns may offset the positive revenue growth, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100