Citi initiates coverage of Incyte at 'buy' with a price target of $82.00

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Citi initiates coverage of Incyte at 'buy' with a price target of $82.00

An analyst from Citi initiated coverage of Incyte (NASDAQ: INCY ) at 'buy' with a price target of $82.00.

Prior to this rating, Incyte had 9 buy ratings, 11 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 $63.46. They are up 0.83% in the last month and down -20.52% in the last 12 months.

According to Investing Pro, Incyte's fair value is $89.00, an upside of 40.25%. 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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