Wells Fargo analyst Derek Archila raised the firm’s price target on Kyverna Therapeutics (KYTX) to $27 from $24 and keeps an Overweight rating on the shares. The firm likes the risk/reward on KYV-101’s pivotal stiff person syndrome trial read out in the first half of 2026 and believes the Street underappreciates how de-risked the trial is.
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