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Cantor Fitzgerald sets $140 price target for Celcuity

Investing.com ·

CELC
CELC Celcuity Inc
$65.57 +6.51%
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  1. 1Cantor Fitzgerald initiated coverage on Celcuity with an Overweight rating and a price target of $140.
  2. 2Revatopik received approval for a 60% proportion of PIK3CA wild-type patients among the second-line treatment group.
  3. 3Revatopik is expected to reach peak sales of approximately $2.7 billion from the second-line indication alone.

So what's the key point?

Cantor Fitzgerald expects Celcuity's stock price to rise and has set a target of $140. Revatopik received approval for specific patients, which is expected to generate significant revenue.

Source Investing.com · View original ↗

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