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Mineralys Therapeutics price target raised to $42 from $30 at H.C. Wainwright

H.C. Wainwright analyst Matthew Caufield raised the firm’s price target on Mineralys Therapeutics (MLYS) to $42 from $30 and keeps a Buy rating on the shares. The firm cites “consistent” key opinion leader support for the lorundrostat ASI approach to hypertension for the target increase. The analyst is “enthusiastic” for lorundrostat “supporting a differentiated and viable path forward” for treating hypertension patients.

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