Exelixis price target raised to $44 from $43 at Stifel

Stifel raised the firm’s price target on Exelixis (EXEL) to $44 from $43 and keeps a Hold rating on the shares following a Q4 report that held “no surprises” after management’s recent preannouncement of net product revenue, issuance of FY26 guidance, and provision of a comprehensive corporate update.