RBC Capital Lowers Exelixis Price Target to $43 Amid Competitive Pressures.
ByAinvest
Saturday, Mar 28, 2026 3:23 am ET1min read
EXEL--
RBC Capital has lowered its price target for Exelixis (EXEL) to $43 from $46, citing competitive pressures after data from Merck's HIF-2alpha inhibitors study. The firm maintains a Sector Perform rating. H.C. Wainwright raised its price target to $54 from $52. Exelixis specializes in discovering and commercializing next-generation medicines for difficult-to-treat cancers.
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