BofA raised the firm’s price target on Cytokinetics (CYTK) to $56 from $52 and keeps a Neutral rating on the shares. The firm, which tells investors that the company “laid out a strong case” for aficamten over an in-depth discussion during the firm’s SF Bus Tour, doesn’t disagree that “the data for the next-gen CMI look very competitive,” but it would argue debate remains on execution.
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