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RBC Capital analyst Brian Abrahams lowered the price target on Incyte (NASDAQ: INCY) to $87.00 (from $90.00) while maintaining an Outperform rating and said they would buy on weakness.
The analyst commented, "4Q featured strong initial launch metrics for Opzelura, solid sales for INCY's core MF... More
Incyte (NASDAQ: INCY) reported Q4 EPS of $0.10, $0.76 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $862.85 million versus the consensus estimate of $815.3 million.
For earnings history and earnings-related data on Incyte (INCY) click here.
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