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Fly News Breaks for January 23, 2020
INCY
Jan 23, 2020 | 07:10 EDT
Cantor Fitzgerald analyst Alethia Young raised her price target for Incyte to $83 from $65 after adding adding ruxolitinib cream, which is being studied in atopic dermatitis, to her model. The analyst reiterates a Neutral rating on the shares. She thinks think the ruxolitinib pivotal study has a good possibility of working based on the Phase 2 data, with a clinical profile that could differentiate it from Eucrisa.
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