B of A Securities Upgrades Incyte to Buy, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Incyte (NASDAQ:INCY) from Neutral to Buy, raising the price target from $68 to $90.
October 30, 2024 | 11:14 am
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POSITIVE IMPACT
B of A Securities has upgraded Incyte from Neutral to Buy, with a new price target of $90, up from $68.
The upgrade from Neutral to Buy by B of A Securities is a positive signal for investors, indicating increased confidence in Incyte's future performance. The significant increase in the price target from $68 to $90 suggests potential upside in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100