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Fly News Breaks for October 2, 2019
INCY
Oct 2, 2019 | 16:11 EDT
Mizuho analyst Mara Goldstein started Incyte with a Buy rating and $95 price target. Continued growth of the base business provides "solid" cash flow now while the company builds toward revenue diversification, Goldstein tells investors in a research note. The analyst views Incyte shares as being "lower-risk given modest pipeline expectations" and sees a "compelling" changing product mix going forward.
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