Mizuho Securities Maintains a Buy Rating on CytomX Therapeutics (CTMX)


In a report released yesterday, Mara Goldstein from Mizuho Securities maintained a Buy rating on CytomX Therapeutics (CTMX), with a price target of $16.00. The company’s shares closed last Monday at $6.70.

According to TipRanks.com, Goldstein has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.7% and a 32.7% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Corvus Pharmaceuticals, Fate Therapeutics, and Arcus Biosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CytomX Therapeutics with a $14.25 average price target, which is a 122.0% upside from current levels. In a report issued on March 24, Wedbush also upgraded the stock to Buy with a $10.00 price target.

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The company has a one-year high of $12.64 and a one-year low of $3.60. Currently, CytomX Therapeutics has an average volume of 433.6K.

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CytomX Therapeutics, Inc. engages in the development of antibody therapeutics for the treatment of cancer based on its Probody therapeutic technology platform. Its pipeline includes immunotherapies, probody drug conjugates, T cell engaging bispecifics, and other multiple programs. The company was founded by Frederick W. Gluck and Nancy E. Stagliano in September 2010 and is headquartered in South San Francisco, CA.

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