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Mineralys Therapeutics price target raised to $43 from $38 at BofA

BofA raised the firm’s price target on Mineralys Therapeutics (MLYS) to $43 from $38 and keeps a Buy rating on the shares. The firm made “modest” estimate adjustments after updating for Q2 results and guidance for a cash runway into 2027, the analyst tells investors in a post-Q2 SMid-Cap Biotech update note.

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