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  • ron.wallach ron.wallach Feb 16, 2012 11:39 AM Flag

    MarketNewsVideo, Contributor


    MarketNewsVideo, Contributor

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    Markets|2/16/2012 @ 10:32AM |526 views
    Analyst Moves: ACOM, INCY
    0 comments, 0 called-out + Comment now
    + Comment now 0 0 0 0 0 This morning, Bank of America downgraded shares of (ACOM) to neutral as there are concerns about slowing growth at the company. With the downgrade, Bank of America set a price target of $31 per share.

    In morning trading, shares of were sharply lower, falling more than 17% so far today.

    And Morgan Stanley downgraded shares of Incyte (INCY) from overweight to equal weight citing valuation. In the report, Morgan Stanley reiterated its price target of $16 per share.

    Shares of INCY were higher despite the report, picking up 1.5%

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