HC Wainwright & Co. has decided to maintain its Buy rating of Celldex Therapeutics (NASDAQ:CLDX) and raise its price target from $60.00 to $73.00.
Shares of Celldex Therapeutics are trading down 14.91% over the last 24 hours, at $22.94 per share.
A move to $73.00 would account for a 218.22% increase from the current share price.
About Celldex Therapeutics
Celldex Therapeutics Inc is a biopharmaceutical company. It is focused on the development and commercialization of several immunotherapy technologies and other cancer-targeting biologics. The company is also engaged in clinical trials for products targeting breast cancer, metastatic melanoma, lung cancer, solid tumors, and ovarian cancer. Its pipeline products are Varlilumab, CDX-301, CDX-1140,CDX-0159/Anti-KIT Program, and CDX-527.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.