Expert Ratings for Incyte
Portfolio Pulse from Benzinga Insights
Incyte (NASDAQ:INCY) has received a mix of analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 4 indifferent ratings. The average 12-month price target among 9 analysts is $78.67, which is a 12.59% decrease from the previous target of $90.00. The high estimate is $98.00 and the low is $63.00. Analysts rate stocks based on research and provide guidance on growth estimates, earnings, and revenue, but their ratings are opinions and should be considered as such.

December 13, 2023 | 3:00 pm
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NEUTRAL IMPACT
Incyte has a mix of analyst ratings with an average 12-month price target of $78.67, representing a 12.59% decrease from the previous target. The range of targets is $63.00 to $98.00.
The mixed analyst ratings with a decreased average price target suggest a neutral short-term impact on INCY's stock price. The ratings indicate uncertainty, with no strong consensus towards a bullish or bearish stance. The decrease in the average price target could be seen as a negative signal, but the presence of bullish and somewhat bullish ratings balances this view. Therefore, the short-term impact is likely to be neutral, as the market digests the varied opinions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100