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Kyverna Therapeutics price target raised to $20 from $10 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Kyverna Therapeutics (KYTX) to $20 from $10 and keeps a Buy rating on the shares. The firm upped its probability of approval for KYV-101 in myasthenia gravis to 35% from 25%, saying it has growing conviction in KYV-101’s “remarkable durability and immediacy of responses.”

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