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Kymera Therapeutics price target raised to $90 from $70 at UBS

UBS raised the firm’s price target on Kymera Therapeutics (KYMR) to $90 from $70 and keeps a Buy rating on the shares. The firm previews December Phase 1b data for KT-621 in atopic dermatitis, expecting strong biomarker and early clinical responses similar to dupilumab along with clean safety, the analyst tells investors in a research note.

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