Barclays analyst Peter Lawson raised the firm’s price target on Kura Oncology to $32 from $30 and keeps an Overweight rating on the shares. The analyst is encouraged by Kura’s initial combination data showing an improved safety profile for ziftomenib and clinical activity in NPM1 and now KMT2Ar patients. The firm increased its probability of success for Kura’s ziftomenib in the KMT2Ar patient subset of acute myeloid leukemia.
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