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Analysts Offer Insights on Healthcare Companies: MaxCyte (MXCT) and Incyte (INCY)

Tipranks - Fri Jun 12, 10:52AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on MaxCyte (MXCT) and Incyte (INCY).

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MaxCyte (MXCT)

Craig-Hallum analyst Matt Hewitt maintained a Buy rating on MaxCyte today. The company’s shares closed last Thursday at $1.12.

According to TipRanks.com, Hewitt has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -2.0% and a 42.0% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Park Dental Partners, Inc., and Dyadic International. ;'>

MaxCyte has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

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Incyte (INCY)

In a report released today, Matt Phipps from William Blair maintained a Hold rating on Incyte. The company’s shares closed last Thursday at $108.78.

According to TipRanks.com, Phipps is a 2-star analyst with an average return of 0.2% and a 40.3% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Context Therapeutics. ;'>

Currently, the analyst consensus on Incyte is a Moderate Buy with an average price target of $110.38, implying a 4.2% upside from current levels. In a report issued on June 8, Oppenheimer also maintained a Hold rating on the stock with a $107.00 price target.

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