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Fly News Breaks for February 11, 2016
INCY
Feb 11, 2016 | 09:47 EDT
Cowen analyst Eric Schmidt says Jakafi's development in solid tumors being discontinued is disappointing. The analyst points out, however, that he believes the program was being accorded less than $10 per share of value in the stock. Incyte is trading down $15.31 to $57.00 in early trading. Schmidt has an Outperform rating on the name.
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