B of A Securities Maintains Neutral on Incyte, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Incyte (NASDAQ:INCY) while raising the price target from $66 to $68.
September 16, 2024 | 12:19 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Neutral rating on Incyte, indicating no strong buy or sell recommendation, but has raised the price target from $66 to $68, suggesting a slight positive outlook.
The Neutral rating suggests that the analyst does not see a strong reason to buy or sell the stock at this time. However, the increase in the price target from $66 to $68 indicates a slightly more positive outlook on the company's future performance. This could lead to a stable or slightly positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100