Clear Street Initiates Coverage of Annexon with Buy Recommendation: Analyst Sees 181.55% Upside

Clear Street initiates coverage of Annexon (ANNX) with a Buy recommendation, with an analyst price forecast suggesting an 181.55% upside from its latest reported closing price of $4.13/share. The average one-year price target is $11.63/share, with projected annual revenue of $39MM and non-GAAP EPS of -2.51. Fintel reports that the put/call ratio of ANNX is 0.40, indicating a bullish outlook.