Guggenheim reiterates this biotech stock as a top pick
Guggenheim reiterated Celldex Therapeutics as its top biotech pick, citing strong Phase III data for barzolvolimab and pipeline opportunities. The firm maintained a Buy rating with a $100 price target, highlighting positive developments in chronic urticaria, atopic dermatitis, and asthma treatments. Celldex plans to submit a Biologics License Application for barzolvolimab in 2027.

