Definium Therapeutics (DFTX) stock soared 5.15% during intraday trading on Wednesday, marking a significant upward movement.
The surge follows a positive analyst note from H.C. Wainwright, where analyst Patrick Trucchio reiterated a Buy rating on DFTX with an unchanged $70 price target. The reaffirmation is based on confidence in the company's robust late-stage DT120 pipeline and de-risked Phase 3 programs, which are seen as key value drivers for the biotech firm.