
Ligand Stock Resumed at Buy by Citi Following XOMA Royalty Acquisition
Citi has resumed its 'buy' rating for Ligand Pharmaceuticals stock, citing the company's recent acquisition of XOMA Royalty as a key factor.
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Citi has resumed its 'buy' rating for Ligand Pharmaceuticals stock, citing the company's recent acquisition of XOMA Royalty as a key factor.
XOMA Royalty is scheduled to report its financial results for the fourth quarter and the full year of 2025 on March 18, 2026.
Ligand Pharmaceuticals announced its plan to acquire XOMA Royalty for $39 per share, simultaneously increasing its 2026 guidance and earnings per share outlook.
Ligand Pharmaceuticals has announced its acquisition of XOMA Royalty in an all-cash deal valued at nearly $740 million, or $39 per share. This strategic move aims to expand Ligand's portfolio.