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EXEL

Exelixis

$19.26

0.02 (0.10%)

08:04
06/19/17
06/19
08:04
06/19/17
08:04

Exelixis: IRC confirms cabozantinib improved PFS vs. sunitinib

Exelixis announced that the analysis of the review by a blinded independent radiology review committee, or IRC,has confirmed the primary efficacy endpoint results of investigator-assessed progression-free survival from the CABOSUN randomized phase 2 trial of cabozantinib as compared with sunitinib in patients with previously untreated advanced renal cell carcinoma with intermediate- or poor-risk disease per the International Metastatic Renal Cell Carcinoma Database Consortium. Per the IRC analysis, cabozantinib demonstrated a clinically meaningful and statistically significant reduction in the rate of disease progression or death as measured by PFS. Exelixis remains on target to complete a supplemental New Drug Application for cabozantinib as a treatment of first-line advanced renal cell carcinoma in the third quarter of 2017. CABOSUN was conducted by The Alliance for Clinical Trials in Oncology as part of Exelixis' agreement with the National Cancer Institute's Cancer Therapy Evaluation Program. Exelixis and the Alliance cooperative group plan to submit these results for presentation at an upcoming international medical meeting.

EXEL Exelixis
$19.26

0.02 (0.10%)

02/28/17
02/28/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Workday (WDAY) downgraded to Sell from Neutral at Citi and to Hold from Buy at Evercore ISI. 2. Exelixis (EXEL) downgraded to Hold from Buy at Stifel with analyst Stephen Willey citing valuation. 3. Teva (TEVA) downgraded to Hold from Buy at Argus. 4. Cabot Oil & Gas (COG) downgraded to Market Perform from Outperform at Bernstein. 5. HP Enterprise (HPE) downgraded to Hold from Buy at Argus. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/15/17
OPCO
03/15/17
INITIATION
OPCO
Perform
Exelixis initiated with a Perform at Oppenheimer
Oppenheimer analyst Leah Rush Cann initiated Exelixis with a Perform rating, expecting earnings will turn positive during 2017.
03/16/17
03/16/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Snap (SNAP) initiated with a Sell at MoffettNathanson. 2. Alliant Energy (LNT) initiated with a Neutral at UBS. 3. Carbonite (CARB) initiated with a Buy at Craig-Hallum. 4. Dermira (DERM) initiated with an Underperform at Raymond James. 5. Exelixis (EXEL) initiated with a Perform at Oppenheimer. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/31/17
NEED
03/31/17
INITIATION
Target $28
NEED
Exelixis initiated with a Buy at Needham
Needham analyst Chad Messer initiated Exelixis with a Buy and a $28 price target.

TODAY'S FREE FLY STORIES

RGA

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SRCL

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THO

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IDCC

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AGCO

AGCO

$66.47

-0.67 (-1.00%)

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Pending Home Sales Index to be reported at 10:00 »

May Pending Home Sales…

PRTS

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$3.23

-0.02 (-0.62%)

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U.S. Auto Parts management to meet with Roth Capital »

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  • 28

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Life Science Tools &…

STE

STERIS

$81.47

-1.64 (-1.97%)

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  • 28

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VTR

Ventas

$71.17

-0.76 (-1.06%)

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Ventas management to meet with Raymond James »

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  • 28

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SMTC

Semtech

$34.85

-0.6 (-1.69%)

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Semtech management to meet with Oppenheimer »

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  • 28

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IVZ

Invesco

$34.77

-0.24 (-0.69%)

04:55
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DHXM

DHX Media

$4.30

0.15 (3.61%)

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  • 28

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PODD

Insulet

$49.00

-1.22 (-2.43%)

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  • 28

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NFG

National Fuel

$55.85

-0.45 (-0.80%)

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National Fuel management to meet with Jefferies »

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  • 28

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OXY

Occidental Petroleum

$59.63

-0.38 (-0.63%)

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NBIX

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$45.56

-1.75 (-3.70%)

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Neurocrine management to meet with Oppenheimer »

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LPI

Laredo Petroleum

$10.03

0.24 (2.45%)

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Laredo Petroleum management to meet with Piper Jaffray »

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  • 28

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MPWR

Monolithic Power

$96.84

-2.67 (-2.68%)

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Monolithic Power management to meet with Oppeneimer »

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  • 28

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TRS

TriMas

$20.60

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TriMas management to meet with Barrington »

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  • 28

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ORCL

Oracle

$50.75

-0.11 (-0.22%)

04:55
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Oracle management to meet with Evercore ISI »

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  • 28

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UNFI

United Natural Foods

$34.95

-0.08 (-0.23%)

04:55
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United Natural Foods management to meet with Oppenheimer »

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  • 28

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