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Fly News Breaks for February 16, 2016
INCY
Feb 16, 2016 | 08:06 EDT
Leerink analyst Michael Schmidt lowered his price target for Incyte to $94 saying the company reported "very strong" Q4 results along with the discontinuation of Jakafi solid tumor trials. Jakafi remains a compelling long-term growth driver for the company, Schmidt tells investors in a research note. He keeps an Outperform rating on the name.
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