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Fly News Breaks for January 28, 2016
INCY
Jan 28, 2016 | 08:14 EDT
Jefferies analyst Brian Abrahams sees a long-term buying opportunity with shares of Incyte trading lower after the company announced negative interim analysis from the Phase 2 Jakafi study. The analyst viewed the study as "relatively high risk" and keeps a Buy rating on Incyte. He cut his price target for the shares to $106 from $141.
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