Oppenheimer Maintains Outperform on Exelixis, Raises Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Jay Olson maintains an Outperform rating on Exelixis (NASDAQ:EXEL) and raises the price target from $25 to $29.
August 22, 2023 | 12:46 pm
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Oppenheimer analyst has maintained an Outperform rating on Exelixis and raised the price target from $25 to $29.
The news of Oppenheimer maintaining an Outperform rating and raising the price target for Exelixis is directly related to the company and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's performance and future prospects, leading to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100