Kiniksa price target raised to $71 from $58 at Jefferies

Jefferies analyst Roger Song raised the firm’s price target on Kiniksa (KNSA) to $71 from $58 and keeps a Buy rating on the shares after a “beat-and-raise” Q1 report. Management lifted its FY26 Arcalyst sales guidance to $930M-$945M from $900M-$920M, notes the analyst, who accordingly updated the firm’s model.