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Incyte (INCY) PT Lifted to $126 at BMO Capital Following Competitor Set-Back

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Incyte (INCY) Seen Back of Gilead's (GILD) Takeover Target List Following Disappointing Momelotinib Data - Leerink

November 17, 2016 8:24 AM EST

Leerink Partners analyst Geoffrey Porges says Incyte (NASDAQ: INCY) is back on the list of Gilead Sciences' (NASDAQ: GILD) takeover targets after Gilead's disappointing phase III data for their JAK 1/2 inhibitor momelotinib in myelofibrosis.

"One consequence of this disappointment, however, is that it does restore INCY to the list of... More

Incyte (INCY) PT Bumped to $115 at Leerink as Gilead's (GILD) Momelotinib Disappoints

November 17, 2016 8:12 AM EST

Leerink Partners analyst Michael Schmidt reiterated an Outperform rating and bumped his price target on Incyte (NASDAQ: INCY) to $115.00 (from $101.00) as Gilead Sciences' (NASDAQ: GILD) momelotinib disappoints.

Schmidt commented, "Today GILD (MP) reported top-line results from two Phase III... More