TD Cowen raised the firm’s price target on Incyte (INCY) to $128 from $101 and keeps a Buy rating on the shares. The company presented a roadmap to potentially triple revenue excluding Jakafi by 2029, the analyst tells investors in a research note. The firm says that with multiple Phase 3 readouts and initiations, 2026 “is a year of both execution and delivery” for Incyte.
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