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CytomX Therapeutics price target raised to $16 from $10 at Barclays

Barclays analyst Etzer Darout raised the firm’s price target on CytomX Therapeutics (CTMX) to $16 from $10 and keeps an Overweight rating on the shares. The firm believes the CX-2051 updates should alleviate concerns of the early clinical update.

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