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AnaptysBio (NASDAQ:ANAB) shares are trading higher on Wednesday after Guggenheim upgraded the stock from Neutral to Buy and announced a price target of $36 per share.
AnaptysBio is a clinical-stage biotechnology company. It is focused on developing antibody product candidates for unmet medical needs in inflammation and immuno-oncology. The company develops product candidates to address emerging biological targets using its proprietary, antibody discovery technology platform, which is designed to replicate, in vitro, the natural process of antibody generation. Its product candidates are ANB020, ANB019, and Checkpoint receptor agonist. The entity generates revenue from collaborative research and development arrangements.
AnaptysBio shares traded up 28.77% to $22.87 on Wednesday. The stock has a 52-week high of $39.48 and a 52-week low of $10.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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