William Blair Keeps a Buy Rating on Incyte (INCY)

William Blair analyst Matt Phipps reiterated a Buy rating on Incyte (INCY – Research Report) on June 14. The company's shares closed last Friday at $83.96. According to TipRanks.com, Phipps is a 3-star analyst with an average return of 5.7% and a 49.4% success rate. Phipps covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals, Pieris Pharmaceuticals, and Autolus Therapeutics. Incyte has an analyst consensus of Moderate Buy, with a price target consensus of $106.83. See today’s analyst top recommended stocks >> Based on Incyte's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $605 million and net profit of $53.54 million. In comparison, last year the company earned revenue of $569 million and had a GAAP net loss of $721 million. Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INCY in relation to earlier this year. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Incyte Corp. is a biopharmaceutical company, which engages in the discovery, development and commercialization of proprietary therapeutics. Its portfolio includes compounds in various stages, ranging from preclinical to late stage development, and commercialized products such as JAKAFI (ruxolitinib), and ICLUSIG (ponatinib). The company was founded by Roy A. Whitfield in April 1991 and is headquartered in Wilmington, DE. The post William Blair Keeps a Buy Rating on Incyte (INCY) appeared first on TipRanks Financial Blog.

William Blair analyst Matt Phipps reiterated a Buy rating on Incyte (INCY – Research Report) on June 14. The company's shares closed last Friday at $83.96.

According to TipRanks.com, Phipps is a 3-star analyst with an average return of 5.7% and a 49.4% success rate. Phipps covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals, Pieris Pharmaceuticals, and Autolus Therapeutics.

Incyte has an analyst consensus of Moderate Buy, with a price target consensus of $106.83.

Based on Incyte's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $605 million and net profit of $53.54 million. In comparison, last year the company earned revenue of $569 million and had a GAAP net loss of $721 million.

Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INCY in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incyte Corp. is a biopharmaceutical company, which engages in the discovery, development and commercialization of proprietary therapeutics. Its portfolio includes compounds in various stages, ranging from preclinical to late stage development, and commercialized products such as JAKAFI (ruxolitinib), and ICLUSIG (ponatinib). The company was founded by Roy A. Whitfield in April 1991 and is headquartered in Wilmington, DE.

The post William Blair Keeps a Buy Rating on Incyte (INCY) appeared first on TipRanks Financial Blog.

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Aptinyx (APTX) Gets a Buy Rating from William Blair

William Blair analyst Myles Minter reiterated a Buy rating on Aptinyx (APTX – Research Report) on June 16. The company's shares closed last Friday at $3.10. According to TipRanks.com, Minter is a 4-star analyst with an average return of 17.2% and a 62.7% success rate. Minter covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ionis Pharmaceuticals, and Minerva Neurosciences. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aptinyx with a $10.67 average price target, implying a 231.4% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $8.00 price target. See today’s analyst top recommended stocks >> Based on Aptinyx's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1 million and GAAP net loss of $14.23 million. In comparison, last year the company earned revenue of $818K and had a GAAP net loss of $14.71 million. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Aptinyx Inc. is a clinical stage biopharmaceutical company. It engages in the discovery, development, and and commercialization of transformative therapies for disorders of the brain and nervous system. Its product includes NYX-2925, NYX-783, NYX-458, and the AGN-241751 program. The company was founded by Norbert G. Riedel and Joseph R. Moskal in June 2015 and is headquartered in Evanston, IL. The post Aptinyx (APTX) Gets a Buy Rating from William Blair appeared first on TipRanks Financial Blog.

William Blair analyst Myles Minter reiterated a Buy rating on Aptinyx (APTX – Research Report) on June 16. The company's shares closed last Friday at $3.10.

According to TipRanks.com, Minter is a 4-star analyst with an average return of 17.2% and a 62.7% success rate. Minter covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ionis Pharmaceuticals, and Minerva Neurosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aptinyx with a $10.67 average price target, implying a 231.4% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $8.00 price target.

Based on Aptinyx's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1 million and GAAP net loss of $14.23 million. In comparison, last year the company earned revenue of $818K and had a GAAP net loss of $14.71 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aptinyx Inc. is a clinical stage biopharmaceutical company. It engages in the discovery, development, and and commercialization of transformative therapies for disorders of the brain and nervous system. Its product includes NYX-2925, NYX-783, NYX-458, and the AGN-241751 program. The company was founded by Norbert G. Riedel and Joseph R. Moskal in June 2015 and is headquartered in Evanston, IL.

The post Aptinyx (APTX) Gets a Buy Rating from William Blair appeared first on TipRanks Financial Blog.

Source : Tip Ranks More   

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