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Fly News Breaks for July 30, 2019
INCY
Jul 30, 2019 | 10:28 EDT
Piper Jaffray analyst Tyler Van Buren says reported "strong" Q2 results across the board as the Jakafi franchise returned to quarter-over-quarter growth. The underlying business "remains strong and durable," and Incyte's late-stage pipeline represents additional opportunity for "meaningful long-term upside" from these levels, Van Buren tells investors in a research note. He reiterates an Overweight rating on the shares with a $95 price target.
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