
Candel Therapeutics (CADL) Stock Forecast & Price Target
Candel Therapeutics (CADL) Analyst Ratings
Bulls say
Candel Therapeutics Inc has demonstrated promising clinical data for its lead product, CAN-2409, which has resulted in a significant increase in the proportion of patients achieving a PSA nadir of less than 0.2 ng/mL, alongside a reported 30% reduction in disease recurrence. Additionally, strong secondary endpoint performance bolsters the likelihood of regulatory approval and potential inclusion in National Comprehensive Cancer Network (NCCN) guidelines for localized, non-metastatic prostate cancer treatment. The immunotherapy platform has also shown encouraging results in other solid tumors, such as pancreatic ductal adenocarcinoma (PDAC) and non-small cell lung cancer (NSCLC), further supporting a positive outlook on the company's future development and market opportunities.
Bears say
Candel Therapeutics faces significant risks associated with clinical trial failures, as its drug candidates may not demonstrate sufficient efficacy, potentially impacting the company's future prospects. Additionally, the company is subject to the uncertainties of the regulatory approval process, where delays or failures in obtaining necessary approvals could have adverse effects on its stock value. These factors contribute to a broader climate of uncertainty regarding Candel's ability to commercialize its innovative viral immunotherapies effectively.
This aggregate rating is based on analysts' research of Candel Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Candel Therapeutics (CADL) Analyst Forecast & Price Prediction
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