Guggenheim Maintains Buy on Incyte, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Michael Schmidt has maintained a Buy rating on Incyte (NASDAQ:INCY) and raised the price target from $86 to $92.

September 16, 2024 | 4:45 pm
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Guggenheim's analyst Michael Schmidt has reaffirmed a Buy rating for Incyte and increased the price target from $86 to $92, indicating confidence in the company's future performance.
The increase in price target from $86 to $92 by Guggenheim suggests a positive outlook on Incyte's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100