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Celldex Therapeutics upgraded to Buy after positive Phase 3 trial results for skin drug barzolvolimab.

Analyst Insights
22 Sep 2026
Stuart Mooney
View Source
Bullish
Celldex Therapeutics upgraded to Buy after positive Phase 3 trial results for skin drug barzolvolimab.

Celldex Therapeutics received a Buy rating upgrade from H.C. Wainwright, with the price target raised to $64 from $42, following successful Phase 3 clinical trials of barzolvolimab. The drug showed rapid and lasting benefits for patients with a chronic skin condition not well-controlled by antihistamines. Nearly 2,000 patients across 43 countries participated in the trials, which met all primary goals. Celldex plans to submit for FDA approval in 2027, signaling significant progress in its drug development pipeline.

Celldex Therapeutics and its recent analyst upgrade provide context for health-sector activity on Pluang. For readers following health stocks, 78 of 101 priced US health-sector stocks rose today. Notable movers include Aurora Cannabis Inc (ACB) at USD 4.22 with a 4.84% increase, Amgen, Inc. (AMGN) at USD 410.00 with a 4.28% increase, and Recursion Pharmaceuticals Inc (RXRX) at USD 4.13 with a 4.16% increase. These figures are as of Sep 23, 2026 02:01 WIB.

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