Guggenheim assumed coverage on shares of Exicure (OTCMKTS:XCUR) in a report released on Wednesday, The Fly reports. The firm set a “buy” rating and a $9.00 price target on the stock. Guggenheim’s price objective would indicate a potential upside of 239.62% from the stock’s current price.
Separately, HC Wainwright began coverage on shares of Exicure in a report on Wednesday, November 6th. They set a “buy” rating on the stock.
Exicure stock opened at $2.65 on Wednesday. Exicure has a fifty-two week low of $1.62 and a fifty-two week high of $4.20. The firm’s 50-day simple moving average is $2.58 and its 200 day simple moving average is $2.63.
Institutional investors have recently added to or reduced their stakes in the stock. Neville Rodie & Shaw Inc. bought a new stake in Exicure in the third quarter worth about $42,000. Emerald Mutual Fund Advisers Trust bought a new stake in Exicure in the third quarter worth about $1,265,000. Finally, Granite Point Capital Management L.P. bought a new stake in Exicure in the third quarter worth about $1,708,000.
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