RBC Capital Maintains Outperform on Xencor, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gregory Renza maintains an Outperform rating on Xencor (NASDAQ:XNCR) and raises the price target from $31 to $34.
September 26, 2024 | 2:54 pm
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RBC Capital has reaffirmed its Outperform rating on Xencor and increased the price target from $31 to $34, indicating positive expectations for the stock.
The increase in price target from $31 to $34 by RBC Capital suggests a positive outlook for Xencor's stock. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a short-term increase in stock price.
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IMPORTANCE 80
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