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Incyte price target raised to $104 from $90 at BofA

BofA analyst Tazeen Ahmad raised the firm’s price target on Incyte (INCY) to $104 from $90 and keeps a Buy rating on the shares. After having hosted the company’s new CEO and Head of R&D, the analyst came away “encouraged by the company’s confidence in their commercial execution and several shots on goal.”

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