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Castle Biosciences price target raised to $52 from $35 at Lake Street

Lake Street raised the firm’s price target on Castle Biosciences (CSTL) to $52 from $35 and keeps a Buy rating on the shares after the company announced preliminary 2025 revenue. As yesterday’s release was preliminary, the firm said it will update its model upon the release of final financial results, but it is are updating its price target to be based on 2026 revenue estimates.

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