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Jefferies sets $150 target for Nektar Therapeutics amid promising alopecia drug data despite stock drop.

Analyst Insights
01 Oct 2026
Gordon Thompson
View Source
Bullish
Jefferies sets $150 target for Nektar Therapeutics amid promising alopecia drug data despite stock drop.

Jefferies analyst Roger Song set a $150 price target for Nektar Therapeutics, suggesting a 219% upside from its $46.99 trading price. This comes after Nektar presented positive six-month Phase IIb trial results for its alopecia drug REZPEG, which also targets atopic dermatitis and Type 1 diabetes. Despite the promising data showing maintained hair regrowth post-treatment, Nektar's stock fell 22.39% on the day of the announcement. The company plans a Phase III study with a selected dose of 24 micrograms per kilogram every two weeks, aiming to advance the drug's development further.

Nektar Therapeutics stock is the subject here, with no direct Pluang data available. For readers following the health sector, here is Pluang's market snapshot as of Oct 02, 2026 03:12 WIB: out of 100 health-sector US stocks, 13 rose and 86 fell. Notable movers include AMWL at USD 12.79 with a -5.82% change, ADPT at USD 27.27 with a -5.66% change and 100% buy order activity, and BIO at USD 356.57 with a -5.60% change.

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