NasdaqGS:SNDXBiotechs
Syndax Pharmaceuticals (SNDX) Stock Looks Stretched As Its 63% Run Continues
Syndax Pharmaceuticals has delivered a 63.5% gain over the past year, yet the broader valuation checks and current market multiples suggest the stock is not an obvious bargain at today’s price of US$20.40.
The 63.5% one year return points to strong recent optimism already reflected in Syndax Pharmaceuticals' share price.
Progress on its oncology pipeline and upcoming clinical data can support expectations for future revenue, while the execution and clinical risks around those same programs...