Eledon Pharmaceuticals shares rise 10.57% intraday after two analysts upgrade to 'strong buy' with $8.5 target.

Tuesday, Feb 24, 2026 10:45 am ET1min read
ELDN--
Eledon Pharmaceuticals surged 10.57% intraday as two analysts upgraded the stock to "Strong Buy" with a $8.50 target price, implying a 255.65% upside. The company, developing tegoprubart for transplant organ protection and ALS treatment, will showcase its R&D progress at the 2026 Guggenheim Emerging Horizons Biotech Summit, enhancing market exposure and investor interest.

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