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Barclays raised Syndax to "Overweight" with a $35 target, citing stronger clinical progress and confidence in strategy.
Barclays upgraded Syndax (SNDX) to a $35 price target, citing a positive management update and model rerating, reflecting increased confidence in the company’s strategic direction and execution.
The firm highlighted stronger-than-expected progress in clinical development and operational efficiency, though specific trial or financial details were not provided.
Barclays maintained its "Overweight" rating, signaling a favorable outlook amid broader optimism for innovation-driven biopharma firms focused on oncology and rare diseases.
The change reflects a reevaluation of Syndax’s long-term potential without altering underlying financial projections.
Barclays elevó Syndax a "sobrepeso" con un objetivo de $ 35, citando un progreso clínico más fuerte y confianza en la estrategia.