H.C. Wainwright raised the firm’s price target on Exelixis (EXEL) to $52 from $49 and keeps a Buy rating on the shares. The company issued “encouraging” 2026 financial guidance, the analyst tells investors in a research note. The firm sees upcoming catalysts for the shares.
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Read More on EXEL:
- Exelixis price target raised to $51 from $49 at Truist
- Exelixis reports preliminary FY25 revenue $2.32B, consensus $2.33B
- Exelixis sees FY26 revenue $2.525B-$2.625B, consensus $2.62B
- Exelixis price target raised to $52 from $49 at H.C. Wainwright
- Exelixis downgraded to Equal Weight from Overweight at Morgan Stanley