Stifel Reiterates Hold on Exelixis, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Willey has reiterated a 'Hold' rating on Exelixis (NASDAQ:EXEL) and maintained a price target of $23.

September 13, 2023 | 2:37 pm
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Stifel analyst Stephen Willey has reiterated a 'Hold' rating on Exelixis and maintained a price target of $23.
The news is directly about Exelixis and its stock rating by Stifel. The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term. The maintained price target of $23 also indicates that the analyst's valuation of the company has not changed. Therefore, the short term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100