Wall Street Analysts Just Trimmed Price Targets for These 5 Stocks

03. Incyte Corporation (NASDAQ:INCY)

Price Reaction after the Price Target Cut: -0.35 (-0.55%)

On December 14, Mizuho adjusted its target price for Incyte Corporation (NASDAQ:INCY). The revised target is lowered from $82.00 to $77.00, with Mizuho maintaining a “Neutral” rating on the stock. This adjustment suggests Mizuho’s assessment of Incyte’s potential performance in the market. A “Neutral” rating typically indicates a balanced perspective, implying neither particularly bullish nor bearish sentiment toward the stock.