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Krystal Biotech price target raised to $255 from $182 at BofA

BofA raised the firm’s price target on Krystal Biotech (KRYS) to $255 from $182 and keeps a Buy rating on the shares. The firm, which continues to like Vyjuvek, Krystal’s drug treating the rare skin condition dystrophic epidermolysis bullosa, also adjusts its pipeline and platform contribution estimates to add standalone revenue builds for KB801 and KB803 as it believes near-term pipeline data could be “value unlocking.”

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