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Kiniksa price target raised to $44 from $38 at Wedbush

Wedbush raised the firm’s price target on Kiniksa (KNSA) to $44 from $38 and keeps an Outperform rating on the shares. The firm says the company heads into Q3 earnings on the heels of another strong quarter that further reinforced Arcalyst’s durable growth trajectory in recurrent pericarditis.

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