B of A Securities Maintains Buy on Exelixis, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Gerberry maintains a Buy rating on Exelixis (NASDAQ:EXEL) and raises the price target from $30 to $32.
October 15, 2024 | 5:46 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Exelixis and increased the price target from $30 to $32, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst suggests a positive outlook for Exelixis. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100