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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100