Iovance Biotherapeutics (NASDAQ:IOVA) Trading 9.9% Higher After Analyst Upgrade

Market Beat
2026.03.04 17:48
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Iovance Biotherapeutics (NASDAQ:IOVA) shares rose 9.9% following an upgrade from Citizens Jmp, which changed its rating from market perform to market outperform with a price target of $5.00. The stock traded at $4.11, down from a previous close of $3.74. Analysts have mixed ratings, with six recommending buy, four hold, and two sell. Institutional investors hold 77.03% of the stock, and the company reported a revenue of $86.77 million, exceeding estimates. Iovance specializes in TIL immunotherapies for solid tumors, with its lead product in late-stage development for melanoma.