JMP Securities analyst Jason Butler lowered the firm’s price target on Cytokinetics to $106 from $110 and keeps an Outperform rating on the shares. Cytokinetics reported Q1 financial results and said that all key aficamten activities remain on track, the analyst tells investors in a research note. The firm looks forward to next week’s presentations of Phase 3 SEQUOIA-HCM results to reaffirm the best-in-class profile of the candidate.
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