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Janux Therapeutics resumed with a Buy at Stifel

Stifel resumed coverage of Janux Therapeutics (JANX) with a Buy rating and $45 price target The firm views the development of T cell engagers for solid tumor applications as a “relevant trend” within oncology. Janux’s TRACTr platform “meaningfully expands” the universe of targetable antigens, the analyst tells investors in a research note. Stifel expects a year-end update to improve visibility into the profile of JANX00.

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