XOMA Corp (NASDAQ: XOMA) stock closed at $26.46 on 8/13/24 after a major increase of 14.4%. NORMAL trading volume accompanied the advance. The stock has risen 12.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, XOMA is expected to be Value Creation neutral.
XOMA has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. XOMA has a very low Appreciation Score of 7 but a very high Power Rating of 88, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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