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Kymera Therapeutics price target raised to $125 from $70 at JPMorgan

JPMorgan raised the firm’s price target on Kymera Therapeutics (KYMR) to $125 from $70 and keeps an Overweight rating on the shares following the Phase 1b BroADen atopic dermatitis data. The firm increased Kymera’s probability of success to to 40% and 30% in atopic dermatitis and asthma, respectively.

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