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Fly News Breaks for July 13, 2016
INCY
Jul 13, 2016 | 07:03 EDT
RBC Capial analyst Simos Simeonidis initiated Incyte with an Outperform and $105 price target. The analyst views the pullback in the stock/sector following the solid tumor setback as having created a great entry point in one of the best midcaps in biotech, which he also views as an attractive takeover target.