BMO Capital Maintains Outperform on Xencor, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etzer Darout maintains an Outperform rating on Xencor (NASDAQ:XNCR) but lowers the price target from $34 to $32.
June 14, 2024 | 3:19 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Xencor but lowers the price target from $34 to $32.
The Outperform rating suggests continued confidence in Xencor's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100