Analyst Ratings For Incyte
Portfolio Pulse from Benzinga Insights
Over the past three months, 6 analysts have evaluated Incyte (NASDAQ:INCY), showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 8.65% to $66.5. Recent actions include several analysts lowering their price targets and ratings.
July 26, 2024 | 5:00 pm
News sentiment analysis
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NEGATIVE IMPACT
Incyte has seen a mixed set of analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 8.65%. Analysts have recently lowered their price targets and ratings, reflecting a cautious outlook.
The decrease in the average 12-month price target by 8.65% and multiple analysts lowering their ratings and price targets indicate a negative sentiment towards Incyte in the short term. This is likely to put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100