Incyte (INCY) Misses Q1 EPS by 2c

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Incyte (INCY) PT Lowered to $76 at RBC Capital

May 2, 2018 8:30 AM EDT

RBC Capital lowered its price target on Incyte (NASDAQ: INCY) to $76.00 (from $77.00) while maintaining a Outperform rating.

Analyst Brian Abrahams commented, "Jakafi continues to perform solidly and we believe provides a strong valuation foundation; while we acknowledge visibility on life cycle plans, later-stage pipeline... More