Exelixis (EXEL) Reports In-Line Q4 EPS, Slight Miss on Revenues

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Oppenheimer Upgrades Exelixis (EXEL) to Outperform

February 27, 2018 4:21 AM EST

Oppenheimer upgraded Exelixis (NASDAQ: EXEL) from Perform to Outperform with a price target of $40.00.

Analyst Leah Rush Cann expects the company will continue to develop its commercial drugs Cabometyx & Cometriq as its partner Genetech continues to develop Cotellic. The analyst raises 2017-201 sales... More