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Fly News Breaks for August 13, 2015
INCY
Aug 13, 2015 | 05:17 EDT
Barclays analyst Geoff Meacham started shares of Incyte with an Overweight rating and $125 price target. The biotech with a myelofibrosis treatment closed yesterday up $3.07 to $107.28. Incyte's pipeline sets up for a "compelling" 2016 while its Jakafi franchise is being underappreciated by investors, Meacham writes in a research note.
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