H.C. Wainwright analyst Joseph Pantginis raised the firm’s price target on Cytokinetics to $56 from $29 and keeps a Buy rating on the shares. The analyst views the negative FDA panel vote as a "clearing event for investors." The news has paved the way for full focus now on aficamten, and what is "continuing differentiation" compared to Bristol Myers’ Camzyos, Pantginis tells investors in a research note.
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Read More on CYTK:
- Cytokinetics price target lowered to $29 from $75 at H.C. Wainwright
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