RBC Capital Maintains Sector Perform on Incyte, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams maintains a Sector Perform rating on Incyte (NASDAQ:INCY) and raises the price target from $61 to $66.
July 31, 2024 | 2:50 pm
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RBC Capital analyst Brian Abrahams maintains a Sector Perform rating on Incyte and raises the price target from $61 to $66.
The raised price target from $61 to $66 by RBC Capital suggests a positive outlook for Incyte, which could lead to a short-term increase in stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the sector, tempering the overall impact.
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IMPORTANCE 70
RELEVANCE 100