JP Morgan Maintains Overweight on Xencor, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Cheng maintains an Overweight rating on Xencor (NASDAQ:XNCR) but lowers the price target from $30 to $27.
July 31, 2024 | 6:49 pm
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NEUTRAL IMPACT
JP Morgan analyst Brian Cheng maintains an Overweight rating on Xencor but lowers the price target from $30 to $27.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100