Incyte price target raised to $80 from $72 at RBC Capital
The Fly

Incyte price target raised to $80 from $72 at RBC Capital

RBC Capital analyst Brian Abrahams raised the firm’s price target on Incyte (INCY) to $80 from $72 and keeps a Sector Perform rating on the shares. The firm is citing the company’s R&D Day featuring key opinion leaders discussing its pipeline in anticipation of high profile 2025 readouts, which highlighted both the strong mechanistic rationale for many of Incyte’s pipeline programs but also the relatively complex treatment paradigms that the company is operating in, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App