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Incyte downgraded to neutral by Piper

April 17, 2017

Piper Jaffray downgraded Incyte (NASDAQ: INCY) from Overweight to Neutral with a price target of $124.00 (from $140.00).

Analyst Dr. Josh Schimmer lowers his FY 2017 EPS estimate from $0.20 to a loss $0.30, lowers FY 2018 EPS estimate from $0.80 to $0.75 and lowers FY 2019 EPS estimate from $1.77 to $1.75.

http://bit.ly/2p9jAPt

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