Morgan Stanley initiates Immix Biopharma stock with overweight rating
Morgan Stanley initiated Immix Biopharma (IMMX) with an overweight rating and $20 target. The stock is up 168% in a year but down 5.4% recently. Analysts see strong potential in its AL amyloidosis treatment, with high response rates in trials. Q2 2026 earnings showed a wider-than-expected loss. Multiple analysts raised price targets, citing pipeline progress and market potential.

