Wells Fargo Maintains Overweight on Exelixis, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Derek Archila has maintained an Overweight rating on Exelixis (NASDAQ:EXEL) and raised the price target from $32 to $36.
October 30, 2024 | 3:00 pm
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Wells Fargo has maintained an Overweight rating on Exelixis and increased the price target from $32 to $36, indicating a positive outlook.
The increase in price target from $32 to $36 by Wells Fargo suggests a positive outlook for Exelixis, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100