On Oct 30, major Wall Street analysts update their ratings for $Exelixis (EXEL.US)$, with price targets ranging from $29 to $38.
Morgan Stanley analyst Jeffrey Hung maintains with a hold rating, and maintains the target price at $30.
Wells Fargo analyst Derek Archila maintains with a buy rating, and adjusts the target price from $32 to $36.
TD Cowen analyst Yaron Werber maintains with a buy rating, and maintains the target price at $34.
BMO Capital analyst Etzer Darout maintains with a buy rating, and adjusts the target price from $29 to $36.
RBC Capital analyst Gregory Renza maintains with a buy rating, and maintains the target price at $34.
Furthermore, according to the comprehensive report, the opinions of $Exelixis (EXEL.US)$'s main analysts recently are as follows:
Exelixis has reported Q3 cabo revenues at $478.1 million, exceeding consensus by 4.7%, which can be attributed to an uptick in cabo market share and new patient initiations. Concurrently, management has uplifted and refined their FY24 net product revenue and total revenue forecasts by 5.6% and 7.4%, respectively. Nonetheless, a cautious stance is maintained regarding zanza, pending additional late-stage data to justify elevated estimates.
Here are the latest investment ratings and price targets for $Exelixis (EXEL.US)$ from 9 analysts:
Note:
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