Candel Therapeutics’ Promising CAN-2409 Program Drives Buy Rating Amid Positive Phase 3 Results and Expert Endorsements

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2025.12.08 20:45
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Analyst Oliver McCammon of LifeSci Capital maintains a Buy rating on Candel Therapeutics, citing promising Phase 3 results of CAN-2409 for prostate cancer. The treatment showed a 30% reduction in disease recurrence. Positive endorsements from key opinion leaders and strategic focus support the optimistic view. H.C. Wainwright also reiterated a Buy rating with a $23.00 price target.