H.C. Wainwright raised the firm’s price target on Kyverna Therapeutics (KYTX) to $10 from $5 and keeps a Buy rating on the shares. The firm says the company’s key opinion leader event provided a key disclosure that all three compassionate-use myasthenia gravis patients treated with KYV-101 remain in drug-free, disease-free remission, with follow-up now at 24 months, 22 months, and 15 months, respectively. The data strengthens H.C. Wainwright’s conviction in KYV-101’s long-term prospects.
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