Canaccord analyst John Newman raised the firm’s price target on Arcellx to $49 from $40 and keeps a Buy rating on the shares. The analyst raised his target based on Arcellx’s manufacturing advantages versus competitors. We also expect positive updated Phase 1 data by year-end 2023.
Published first on TheFly
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Read More on ACLX:
- Arcellx price target raised to $58 from $45 at Guggenheim
- Arcellx price target raised to $40 from $34 at Canaccord
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