Exelixis (EXEL) Tops Q2 EPS by 11c, Revenue Tops Views

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Exelixis (EXEL) PT Bumped to $8 at Piper Jaffray, Remains Sidelined

August 4, 2016 7:21 AM EDT

Piper Jaffray analyst Edward Tenthoff raised his price target on Exelixis (NASDAQ: EXEL) to $8.00 (from $5.00) but maintained a Neutral rating following results.

Tenthoff commented, "Exelixis reported COMETRIQ sales of $14M in 2Q:16 and CABOMETYX renal cell carcinoma (RCC) sales of $17.6M including... More