Annexon (NASDAQ:ANNX) Upgraded by The Goldman Sachs Group to "Hold" Rating

Market Beat
2026.05.13 09:37
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The Goldman Sachs Group upgraded Annexon (NASDAQ:ANNX) to a "hold" rating. Other analysts have varied opinions, with Chardan Capital maintaining a "buy" rating and a $16 price target, while Weiss Ratings issued a "sell" rating. Annexon shares opened at $5.44, with a market cap of $891.29 million. Recent insider sales included CFO Jennifer Lew and EVP Michael Overdorf. Institutional investors have increased their stakes, indicating growing interest. Positive sentiment surrounds Annexon as earnings estimates for future years have been lifted, reflecting improved confidence in the company's outlook.