Wedbush Maintains Outperform on Xencor, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Nierengarten maintains an Outperform rating on Xencor (NASDAQ:XNCR) and raises the price target from $34 to $36.
May 10, 2024 | 1:39 pm
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POSITIVE IMPACT
Wedbush analyst David Nierengarten maintains an Outperform rating on Xencor and raises the price target from $34 to $36, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong confidence in Xencor's future performance, likely leading to positive investor sentiment and a potential short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100