Analyst Expectations for Exelixis's Future
Portfolio Pulse from Benzinga Insights
Exelixis (NASDAQ:EXEL) has received 8 analyst ratings in the last quarter, with 5 being somewhat bullish and 3 indifferent. The average price target for the stock is $23.88, which is higher than its current price of $20.255. This average has increased by 13.71% from the previous average price target of $21.00.
August 04, 2023 | 11:54 am
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POSITIVE IMPACT
Exelixis has received positive analyst ratings, with a higher average price target than its current price, indicating potential upside.
Analyst ratings are a key indicator of a stock's potential performance. The fact that Exelixis has received more bullish than indifferent ratings, and that the average price target is higher than its current price, suggests that analysts see potential for the stock's price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100