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Syndax resumed with a Buy at Stifel

Stifel resumed coverage of Syndax (SNDX) with a Buy rating and $44 price target The firm believes the commercial launches of two of the company’s assets create a path to non-GAAP profitability in the second half of fiscal 2026. Each asset has $1B-plus in peak sales potential and are still in the very early stages of growth, the analyst tells investors in a research note. Stifel views Syndax’s valuation as compelling at current levels.

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