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Customized wealth management empowers your assets growth
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Wells Fargo & Company Cuts Incyte (NASDAQ:INCY) Price Target to $101.00
Wells Fargo & Company has lowered its price target for biopharmaceutical company Incyte (NASDAQ:INCY) from $107 to $101, maintaining an “equal weight” rating. This decision follows Incyte’s Q4 earnings, which showed a revenue beat but an EPS miss, along with a softer 2026 revenue outlook and concerns regarding its drug Opzelura and Jakafi’s patent and generic exposure. Despite institutional investors holding a large stake, insiders have recently sold a significant number of shares.