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Kura Oncology price target raised to $25 from $24 at Stifel

Stifel raised the firm’s price target on Kura Oncology to $25 from $24 and keeps a Buy rating on the shares following the full presentation of updated ziftomenib R/R NPM1m AML data at the EHA meeting. The data confirm the highest phase 1 menin inhibitor CR rates and strong durability, says the analyst, who continues to like ziftomenib for the subsequent stages of AML development in first-line combinations and maintenance.

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