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Why Allakos Stock Skyrocketed Nearly 9% Higher Today

Why Allakos Stock Skyrocketed Nearly 9% Higher Today

Allakos (NASDAQ: ALLK) finished the trading week in style, with its stock price climbing by just under 9% on Friday. The prognosticator getting notably more bullish on Allakos was Jefferies' Maury Raycroft, who upped his recommendation on the clinical-stage biotech's stock to buy from his previous hold.