Bank of America Securities Sticks to Their Hold Rating for Candel Therapeutics (CADL)
In a report released today, Alec Stranahan from Bank of America Securities reiterated a Hold rating on Candel Therapeutics, with a price target of $7.00.
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Stranahan covers the Healthcare sector, focusing on stocks such as Revolution Medicines, Novavax, and Xencor. According to TipRanks, Stranahan has an average return of 4.2% and a 56.32% success rate on recommended stocks.
Candel Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $18.50.
Based on Candel Therapeutics’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $4.8 million. In comparison, last year the company had a GAAP net loss of $22.24 million
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- Candel Therapeutics Advances Cancer Therapies with Strong Q3
- Candel Therapeutics reports Q3 EPS (21c) vs (33c) last year
- Candel Therapeutics announces it will deliver three presentations at SITC
- Candel initiated with an Overweight at Stephens on differentiated pipeline
- Candel Therapeutics initiated with an Overweight at Stephens
