Stock Rating Downgrade
The Value Trend Rating for Incyte Corp (NASDAQ: INCY) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 2/14/25, Incyte Corp (NASDAQ: INCY) stock rose modestly by 0.6%, closing at $70.42. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -6.0% during the last week.
Current PriceTarget Research Rating
Incyte has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Incyte has a slightly negative Appreciation Score of 36 but a good Power Rating of 70, resulting in the Neutral Value Trend Rating.
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