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Krystal Biotech price target raised to $168 from $140 at BofA

BofA raised the firm’s price target on Krystal Biotech to $168 from $140 and keeps a Buy rating on the shares. The company’s “big beat” in Q4 was “a much-needed and well-timed rebound after the narrow sales miss” in Q3, says the analyst, who sees Q4 earnings effectively addressing investor concerns regarding the launch trajectory for Vyjuvek.

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