SVB Leerink upgrades Incyte to Market Perform

A SVB Leerink analyst upgraded Incyte (NASDAQ: INCY) from Underperform to Market Perform with a price target of $61.00 from a prior price target of %currency%%price%.
Prior to this rating, Incyte had 9 buy ratings, 10 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on Incyte, click here. For more news on Incyte, click here.
Incyte's stock price closed at $72.26. They are down -6.95% in the last month and down -9.62% in the last 12 months.
According to Investing Pro, Incyte's fair value is $95.00, an upside of 31.47%. Incyte's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Incyte's recent earnings performance and financials here.

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