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Stock impact report

Kymera Therapeutics price target raised to $140 from $125 at Piper Sandler [Yahoo! Finance]

Kymera Therapeutics, Inc. (KYMR) 
Company Research Source: Yahoo! Finance
Piper Sandler analyst Biren Amin raised the firm's price target on Overweight-rated Kymera Therapeutics ( KYMR ) to $140 from $125 after transfer in analyst coverage. The firm believes Kymera is positioned to be a category leader in oral protein degraders, with early clinical data from its lead STAT6 degrader program supporting the thesis that TPD can deliver biologic-like pathway suppression in a convenient and scalable oral formulation. Collectively, Piper thinks Kymera's combination of first-mover advantage in immunology degraders, oral differentiation versus biologics, and expanding clinical proof supports an attractive risk-reward profile at current levels. Claim 50% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news Show less Read more
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