Raymond James Maintains Strong Buy on Xencor, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Sean McCutcheon maintains a Strong Buy rating on Xencor (NASDAQ:XNCR) but lowers the price target from $58 to $40.
June 14, 2024 | 3:40 pm
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NEUTRAL IMPACT
Raymond James analyst Sean McCutcheon maintains a Strong Buy rating on Xencor but lowers the price target from $58 to $40.
The Strong Buy rating suggests continued confidence in Xencor's potential, but the lowered price target indicates a reassessment of its near-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100