Cytokinetics started at outperform by RBC, valuation cited

seekingalpha
09 Nov 2024

peterschreiber.media

  • RBC Capital Markets started coverage of Cytokinetics (NASDAQ:CYTK) with an outperform rating, citing valuation.
  • “With shares down 50% since their January peak, we think the $3.6B opportunity driven by aficamten’s convenience, safety and efficacy in HCM is not being fully valued,” the investment bank wrote

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