Cantor Fitzgerald reiterates Overweight on CytomX stock, $12 target
Cantor Fitzgerald reiterated an Overweight rating on CytomX Therapeutics (CTMX) with a $12 price target, citing a potential inflection point. Shares are down 40% YTD, trading at $2.42. The company reported a wider-than-expected Q2 2026 loss and revenue decline, but noted promising early drug data and substantial cash reserves. Guggenheim lowered its price target to $14, maintaining a Buy rating.

