BofA lowered the firm’s price target on Cytokinetics (CYTK) to $70 from $75 and keeps a Neutral rating on the shares after the company presented the full SEQUOIA dataset for aficamten in obstructive hypertrophic cardiomyopathy, or oHCM. Putting ” cross-trial caveats aside,” the firm suspects some surprise the values are in-line to below Bristol’s (BMY) Camzyos’ after outperformance of the former’s pVO2 top-line, the analyst tells investors.
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