RBC Capital downgrades Incyte to Sector Perform

A RBC Capital analyst downgraded Incyte (NASDAQ: INCY) from Outperform to Sector Perform with a price target of $79.00 from a prior price target of %currency%%price%.
Prior to this rating, Incyte had 9 buy ratings, 10 hold ratings, and 0 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 $75.51. They are up 0% in the last month and down -6.72% in the last 12 months.
According to Investing Pro, Incyte's fair value is $98.01, an upside of 29.80%. 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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