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KalVista price target lowered to $28 from $29 at Citizens

Citizens analyst Jonathan Wolleben lowered the firm’s price target on KalVista (KALV) to $28 from $29 and keeps an Outperform rating on the shares. KalVista’s Q4 results aligned with the preannouncement, with $49M in global sales for Ekterly through year-end, reflecting a strong launch in the underappreciated on-demand HAE market that appears resilient despite newer prophylactic therapies, the analyst tells investors in a research note.

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