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Incyte upgraded at Oppenheimer on growth beyond Jakafi

Wall Street sign in Lower Manhattan, NYC

georgeclerk

  • Oppenheimer upgraded Incyte (INCY) to outperform from market perform, saying that the company is poised for growth beyond Jakafi’s (ruxolitinib) loss of exclusivity in 2029.
  • The firm has a $144 price target (~23% upside based on Oct. 29 close).
  • Analyst
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