Exelixis Inc (NASDAQ: EXEL) stock enjoyed a major increase of 12.9% on 10/30/24. The shares closed at $32.44. Moreover, trading volume in this advance was exceptionally high at 351% of normal. The stock has risen 12.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
EXEL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Exelixis has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Exelixis has a neutral Appreciation Score of 41 but a good Power Rating of 72, resulting in 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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