Mizuho initiated coverage of Celldex (CLDX) with an Outperform rating and $48 price target The firm sees barzolvolimab as positioned to play a significant role in mast-cell mediated diseases, namely chronic urticaria. Mizuho added that it believes barzolvolimab has potential to establish best-in-class efficacy among the increasingly competitive landscape, offering the deepest and most sustained clinical benefit.
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