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Celldex's price target jumps to $88 after positive Phase III trial for chronic urticaria drug.

Analyst Insights
23 Sep 2026
Andrew Wynn
View Source
Bullish
Celldex's price target jumps to $88 after positive Phase III trial for chronic urticaria drug.

Celldex Therapeutics saw its price target raised from $70 to $88 by Leerink Partners following successful Phase III trial results for its drug barzolvolimab treating chronic spontaneous urticaria (CSU). The trials met all primary endpoints, showing lasting benefits over 24 weeks in nearly 2,000 patients. Despite this, Celldex's stock dipped slightly after halting a separate Phase 2 trial for another condition. The company plans to submit for FDA approval in 2027, marking a key step forward for the drug's market potential.

Celldex Therapeutics' recent price target increase is presented here alongside Pluang's health sector data for context. As of Sep 23, 2026 22:11 WIB, out of 100 priced health-sector US stocks on Pluang, 26 rose while 72 fell. Among notable stocks, RXRX traded at USD 3.87 with a 4.44% decline and a typical hold time of 22 days, contrasting with TXG at USD 77.68 down 3.74% but held for 94 days, and CYTK at USD 65.09 down 3.70% with a 18-day hold time. Pluang order activity showed a strong sell bias for RXRX (98% Sell) and a more balanced activity for TXG and CYTK.

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