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Zacks Investment Research announced Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), bumping up its stock price target to $20.00 today

Just yesterday Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) traded 2.43% higher at $17.85. Lexicon Pharmaceuticals, Inc.’s 50-day moving average is $16.95 and its 200-day moving average is $14.81. The last stock price is up 27.98% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 762,836 shares of LXRX traded hands, down from an average trading volume of 869,592

In a report released on 10/5/2016 Zacks Investment Research increased the stock price target of Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) to $20.00 reporting a possible upside of 0.12%.

Previously on 9/12/2016, Citigroup released a statement about Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) increased the target price from $21.00 to $25.00. At the time, this indicated a possible upside of 0.40%.

Recent Performance Chart

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX)

Lexicon Pharmaceuticals, Inc. has 52 week low of $7.65 and a 52 week high of $19.62 and has a market capitalization of $0.

Brief Synopsis On Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX)

Lexicon Pharmaceuticals, Inc. (Lexicon) is a biopharmaceutical company. The Company focuses on the development of treatments for human disease. The Company is engaged in the development of two drug candidates: telotristat etiprate (LX1032) and sotagliflozin (LX4211). The Company's telotristat etiprate, is an orally delivered small molecule drug candidate, as a treatment for carcinoid syndrome. LX1032 inhibits tryptophan hydroxylase (TPH), which is an orally-delivered small molecule compound that the Company is developing for the treatment of carcinoid syndrome. Sotagliflozin, or LX4211, which is an orally-delivered small molecule compound that the Company is developing for the treatment of type 1 and type 2 diabetes mellitus. LX2761 is an orally-delivered small molecule compound for the treatment of diabetes. LX9211 is an orally-delivered small molecule compound for the treatment of neuropathic pain. The Company's other programs include LX1033, LX2931 and LX7101.

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