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Fly News Breaks for April 27, 2017
INCY
Apr 27, 2017 | 08:33 EDT
JMP Securities analyst Liisa Bayko believes that Incyte is a takeover target after the FDA issued a complete response letter for the company's baricitinib drug. The analyst expects the stock to rise heading into ASCO in June. She keeps a $145 price target and an Outperform rating on Incyte.