Incyte (INCY) Misses Q1 EPS by 1c

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Incyte (INCY) Price Target Lifted to $107 at Brean Capital; 'Broad And Robust Pipeline'

April 30, 2015 12:34 PM EDT

Brean Capital analyst Jonathan Aschoff reiterated a Buy rating and boosted his price target on Incyte (NASDAQ: INCY) to $107.00 (from $84.00), citing a broad and robust pipeline.

Aschoff commented, "US Jakafi sales of $115.3 million included meaningful contribution from PV and beat consensus of $112.4 million. Ex-US Jakafi royalties of $15.7 million slightly missed consensus of $16.1 million. The 9% QoQ increase in Jakafi net sales was driven by 8% unit... More

Incyte's (INCY) Hodgkin Lymphoma Treatment Receives FDAOrphan Drug Designation

April 30, 2015 9:07 AM EDT

Incyte (NASDAQ: INCY) received orphan drug Designation for treatment of Hodgkin lymphoma. The FDA site on the designation is here.

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