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Fly News Breaks for September 5, 2019
INCY
Sep 5, 2019 | 08:07 EDT
As previously reported, Oppenheimer analyst Jay Olson upgraded Incyte to Outperform from Perform and raised his price target on the shares to $100 from $85. The analyst cited "attractive" valuation for a company with increasing revenues, accelerating cash flows and a maturing pipeline of intriguing assets. The analyst believes Incyte has a track record of realizing high potential opportunities with innovative products in areas of unmet medical need.
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