B of A Securities Maintains Neutral on Incyte, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tazeen Ahmad has maintained a Neutral rating on Incyte (NASDAQ:INCY) and lowered the price target from $69 to $67.

March 13, 2024 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
B of A Securities has maintained a Neutral rating on Incyte and reduced the price target from $69 to $67.
The adjustment in price target by B of A Securities reflects a slight change in the valuation assessment of Incyte by analyst Tazeen Ahmad. While the rating remains Neutral, indicating no expected significant movement in either direction, the reduction in price target suggests a minor adjustment in expectations regarding Incyte's future performance. This could be due to a variety of factors such as market conditions, company performance, or sector trends. However, since the rating has not changed, the overall impact on the stock is likely to be moderate in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100