Mizuho analyst Salim Syed lowered the firm’s price target on Cytokinetics to $99 from $103 and keeps a Buy rating on the shares. Any potential acquisition premium that was still left in the stock is likely removed by now, the analyst tells investors in a research note. The firm says a possible capital raise, if there is one in 2024, could come after any potential Japan/aficamten deal.
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