RBC Capital Reiterates Sector Perform on Incyte, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams has reiterated a 'Sector Perform' rating on Incyte (NASDAQ:INCY) and maintained a $65 price target.
March 12, 2024 | 3:15 pm
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RBC Capital maintains a 'Sector Perform' rating on Incyte with a $65 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $65 price target by RBC Capital suggests a neutral outlook on Incyte's stock in the short term. This indicates that the analyst sees the company as adequately valued at its current price level, without immediate catalysts for significant price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90