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Krystal Biotech price target lowered to $189 from $195 at Guggenheim

Guggenheim lowered the firm’s price target on Krystal Biotech (KRYS) to $189 from $195 and keeps a Buy rating on the shares. $88M in Vyjuvek sales “handily missed” the $96.8M consensus and without a clear outlook on new patient adds and compliance, the next couple of quarters are “challenging” until the company gets traction in the EU and Japan, the analyst tells investors in a post-earnings note.

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