Down -21.69% in 4 Weeks, Here's Why Xencor (XNCR) Looks Ripe for a Turnaround
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Xencor (XNCR) has experienced a significant decline of 21.69% over the past four weeks, placing it in oversold territory. The selling pressure may have exhausted, and with Wall Street analysts raising earnings estimates, a trend reversal could be on the horizon.
January 21, 2025 | 4:00 pm
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Xencor (XNCR) has dropped 21.69% in the last four weeks, entering oversold territory. Analysts are raising earnings estimates, suggesting a potential trend reversal.
The stock's significant decline has led it into oversold territory, which often precedes a price rebound. Additionally, the consensus among analysts to raise earnings estimates indicates positive sentiment and potential for a price increase.
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