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Incyte (NASDAQ:INCY) Earns Buy Rating from HC Wainwright
HC Wainwright has reiterated a “Buy” rating for Incyte (NASDAQ:INCY), setting a price target of $135, which suggests a 49% upside. While analysts are mixed, with a consensus “Hold” rating and an average target of $103.44, the biopharmaceutical company recently reported strong revenue growth, exceeding expectations despite an EPS miss. Incyte is trading around $90.62, with a market cap of $18.0 billion and a P/E ratio of 14.14.