Analysts Expect ILCG Will Reach $86
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2024
0mins
Should l Buy INCY?
Source: NASDAQ.COM
- Analyst Target Prices for ETFs:
- ETF Channel compared trading prices of holdings against average analyst 12-month forward target prices.
- Implied analyst target price for iShares Morningstar Growth ETF (ILCG) is $86.39 per unit.
- Analysts see 9.73% upside for ILCG based on underlying holdings' targets.
- Notable upside seen in INCY, CPNG, and SYY with analyst target prices above recent share prices.
- Questions raised about analysts' justifications for targets and potential impact on future stock performance.
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Analyst Views on INCY
Wall Street analysts forecast INCY stock price to fall
19 Analyst Rating
9 Buy
9 Hold
1 Sell
Moderate Buy
Current: 100.750
Low
73.00
Averages
100.31
High
125.00
Current: 100.750
Low
73.00
Averages
100.31
High
125.00
About INCY
Incyte Corporation is a biopharmaceutical company, which is focused on the discovery, development, and commercialization of therapeutics. The Company operates in two therapeutic areas. One therapeutic area is Hematology/Oncology, which is comprised of Myeloproliferative Neoplasms and Graft-Versus-Host Disease, as well as solid tumors and hematologic malignancies. Its other therapeutic area is Inflammation and Autoimmunity, which includes its Dermatology commercial franchise. Its hematology and oncology franchise are comprised of six products, which are JAKAFI (ruxolitinib), MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab), PEMAZYRE (pemigatinib), ICLUSIG (ponatinib), NIKTIMVO (axatilimab-csfr), and ZYNYZ (retifanlimab-dlwr), as well as numerous clinical development programs. The Company's pipeline also includes two first-in-class small molecule antagonist of Mas-related G protein-coupled receptor (MRGPRX2) and INCB000547, an oral MRGPRX4 antagonist.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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