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0 0 0.00160075329566857 0 -0.000941619585687329 -0.00197740112994344 -0.00263653483992468 0.000941619585687329
Stock impact report

Why Incyte (INCY) Stock Is Trading Up Today [Yahoo! Finance]

Incyte Corporation (INCY) 
Last incyte corporation earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: incyte.com/ir/investor-overview.aspx
Company Research Source: Yahoo! Finance
The firm's analyst, Marc Frahm, lifted the price target from $101.00 to $128.00, a significant increase of nearly 27%. This adjustment signaled a strong positive outlook for the company's future stock performance. The action from the analyst suggested a heightened confidence in the biopharmaceutical company's value. The shares closed the day at $105.96, up 2.4% from previous close. Is now the time to buy Incyte? Access our full analysis report here, it's free Incyte's shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 3.7% on the news that the company announced positive top-line results from a late-stage study of its lymphoma drug, Monjuvi/Minjuvi (tafasitamab). The Phase III trial, called frontMIND, teste Show less Read more
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