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Fly News Breaks for May 18, 2017
NLNK, INCY
May 18, 2017 | 09:12 EDT
BMO Capital analyst M. Ian Somaiya raised his price target on Incyte as he increased the chances of success of the company's epacadostat + PD-1 combination in four solid tumors following favorable data. The analyst adds that the combination's position was also helped by "lackluster" data on NewLink's (NLNK) IDO, drug, GDC-0919. He raised his price target on Incyte to $155 from $146.
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