Bullish Case: Positive Phase 2 results for Barzolvolimab, a novel treatment for CSU, indicate potential FDA approval and market expansion. Recent upgrades to 'Buy' and a sustaining cash position excite market sentiment and may further bolster the stock.


Bearish Case: Despite positive trial results, CLDX's long-term price trend remains markedly downward. Historical mean reversion and significant past loss imply ongoing investor skepticism, potentially leading to continued volatility or decline.


Potential Outcomes:

1. CLDX surges on Phase 3 success (30%).

2. Continues decline due to historical trend (40%).

3. Stabilizes at lower volatility amid uncertain market sentiment (30%).


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April 26, 2024


Celldex Therapeutics Forecast

CLDX        Celldex Therapeutics
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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