First Berlin Equity Research Reiterates BUY Rating for CEL-SCI Corporation, Sets Price Target at USD 60
Reuters
Sep 01
<a href="https://laohu8.com/S/FTFI">First Berlin</a> Equity Research Reiterates BUY Rating for <a href="https://laohu8.com/S/CVM">CEL-SCI Corp</a>oration, Sets Price Target at USD 60
First Berlin Equity Research GmbH has issued a research update on CEL-SCI Corporation, maintaining a "BUY" recommendation with a revised target price of USD 60. Analyst Christian Orquera highlighted CEL-SCI's approach to a pivotal commercial inflection point in 2025, particularly noting the filing for Breakthrough Medicine Designation with the Saudi Food & Drug Authority for its lead immunotherapy, Multikine, targeting head and neck cancer. The collaboration with Dallah Pharma, a major Saudi pharmaceutical company, is expected to enhance Multikine's market potential in Saudi Arabia. Despite the price target reduction from USD 186 due to a reverse stock split and projected dilution, CEL-SCI is seen as a substantially de-risked player in the immuno-oncology field with several value catalysts anticipated in the coming year.
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