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Incyte price target lowered to $81 from $84 at Oppenheimer

Oppenheimer analyst Jay Olson lowered the firm’s price target on Incyte to $81 from $84 and keeps an Outperform rating on the shares. The firm thinks Jakafi and Opzelura sales will remain the key focus, especially with new competition in the Myelofibrosis and AD space, the analyst tells investors in a research note.

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