Barclays Forecasts Strong Price Appreciation for Celldex Therapeutics (NASDAQ:CLDX) Stock

Market Beat
2026.05.08 15:34
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Barclays has raised its target price for Celldex Therapeutics (NASDAQ:CLDX) from $45.00 to $48.00, maintaining an "overweight" rating. This new target suggests a potential upside of 45.09% from the stock's previous close. Other analysts have also adjusted their ratings, with Goldman Sachs increasing their target to $34.00 and Stifel Nicolaus raising it to $68.00. Currently, Celldex has an average rating of "Moderate Buy" and a consensus price target of $46.64. The stock traded at $33.08, with a market cap of $2.60 billion and a P/E ratio of -8.49.