Analyst ConfidenceAnalyst upgrades the rating and increases the price target as shares are expected to trade well ahead of the upcoming data release, with potential for shares to almost double from current levels if early data is positive.
Market OpportunityThe demand for an oral agent with biologic-like efficacy is high across dermatologic indications, and the market opportunity is large.
Product DevelopmentKymera Therapeutics shares could see significant upside based on positive developments in KT-621's phase 1 update.