Xencor, Inc. (XNCR) Misses Q2 EPS by 4c

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Xencor (XNCR) PT Lifted to $27 at Wedbush; Rich Pipeline Continues to Advance

August 5, 2015 8:41 AM EDT

Wedbush analyst David Nierengarten reiterated an Outperform rating and raised his price target on Xencor, Inc. (NASDAQ: XNCR) to $27.00 (from $22.00) following Q2 results, noting the rich pipeline continues to advance.

Nierengarten commented, "Additional cohorts to commence in Ph 1a study of XmAb7195. XNCR... More