JMP Securities analyst Reni Benjamin raised the firm’s price target on Kura Oncology to $32 from $22 and keeps an Outperform rating on the shares. Kura provided a data from the first 20 patients of the KOMET-007 trial, with the data showing promising efficacy and safety that have potential to be best-in-class as higher doses are explored, the analyst tells investors in a research note.
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