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Jefferies raises Krystal Biotech's price target to $371, citing progress in gene therapy for rare skin diseases.
Krystal Biotech's stock price target was raised to $371 by Jefferies, which maintained a "Buy" rating, citing strong progress in its gene therapy pipeline for rare skin diseases.
The company's lead candidate, KRT-100, shows promise in treating epidermolysis bullosa, and positive clinical developments have boosted investor confidence.
Despite some earnings forecast revisions, institutional interest remains high, supported by solid financials and a robust commercial pipeline.
The stock, trading around $261.80, has a market cap of $7.65 billion, with 86.29% of shares held by institutions.
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Jefferies eleva el precio objetivo de Krystal Biotech a $371, citando el progreso en terapia génica para enfermedades raras de la piel.