Skip to main content

Stifel Nicolaus Reaffirms Their Buy Rating on Xenon (XENE)

Tipranks - Sat Feb 28, 11:16AM CST

In a report released today, Paul Matteis from Stifel Nicolaus maintained a Buy rating on Xenon, with a price target of $66.00.

Claim 50% Off TipRanks Premium

Matteis covers the Healthcare sector, focusing on stocks such as Biogen, uniQure, and Alnylam Pharma. According to TipRanks, Matteis has an average return of 14.7% and a 49.39% success rate on recommended stocks.

In addition to Stifel Nicolaus, Xenon also received a Buy from Wells Fargo’s Benjamin Burnett in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Xenon (NASDAQ: XENE).

Based on Xenon’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $105.26 million. In comparison, last year the company had a GAAP net loss of $65.69 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.