H.C. Wainwright upgraded Kyverna Therapeutics (KYTX) to Buy from Neutral with a $5 price target The company is set to produce three sets of data through mid-2025, with potential opportunity to demonstrate success across three KYV-101 pipeline programs, the analyst tells investors in a research note. Ahead of the three catalysts, the firm thinks the stock’s risk/reward profile attractive, “particularly given a deeply negative enterprise value.”
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