Barclays analyst Etzer Darout assumed coverage of CytomX Therapeutics (CTMX) with an Overweight rating and $3.50 price target The firm sees a positive risk/reward for the company’s lead clinical program CX-2051. CytomX’s cash runway will get it through the 2026 data catalysts, the analyst tells investors in a research note.
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Read More on CTMX:
- CytomX Therapeutics initiated with an Overweight at Barclays
- Barclays sees ‘significant potential’ in CytomX’s CX-2051 despite safety event
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- CytomX Therapeutics Updates on CX-2051 Phase 1 Study
- CytomX Therapeutics provides update on CX-2051 Phase 1 study
