Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Exelixis Inc (NASDAQ: EXEL) weakened of late. EXEL’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 1/10/25, Exelixis Inc (NASDAQ: EXEL) stock enjoyed a large increase of 4.4%, closing at $36.02. Moreover, unusually high trading volume at 153% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.2% during the last week.
Current PriceTarget Research Rating
Exelixis 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 contradictory signals. Exelixis has a slightly negative Appreciation Score of 33 but a good Power Rating of 83, leading to the Neutral Value Trend Rating.
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