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Candel Therapeutics to highlight immunotherapy advances at SITC 2025
Proactiveinvestors NA· 2025-11-04 14:54
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
ImmunityBio (IBRX) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-05-15 17:00
Core Viewpoint - ImmunityBio (IBRX) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive shift in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - For the fiscal year ending December 2025, ImmunityBio is expected to earn -$0.43 per share, representing a 41.1% change from the previous year's reported number [8]. Analyst Sentiment and Market Position - Analysts have raised their earnings estimates for ImmunityBio, with the Zacks Consensus Estimate increasing by 46.6% over the past three months [8]. - The upgrade to Zacks Rank 2 places ImmunityBio in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].