Goldman Sachs Starts Exelixis (EXEL) at Neutral

May 2, 2011 7:10 AM EDT
Get Alerts EXEL Hot Sheet
Price: $51.24 +1.24%

Rating Summary:
    14 Buy, 12 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs initiates coverage on Exelixis (NASDAQ: EXEL) with a Neutral and $13 price target.

The analyst said the key driver for the shares is oral cancer drug Cabo, however they believe positive Phase 2 Cabo data is already priced in.

For more ratings news on Exelixis click here and for the rating history of Exelixis click here.

Shares of Exelixis closed at $12.36 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

FDA, New Coverage

Related Entities

Goldman Sachs