H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Krystal Biotech (KRYS) today and set a price target of $68.00. The company’s shares closed last Monday at $41.90.
According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 23.6% and a 49.9% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Lineage Cell Therapeutics, and Catabasis Pharmaceuticals.
Currently, the analyst consensus on Krystal Biotech is a Strong Buy with an average price target of $94.33, which is a 123.8% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
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The company has a one-year high of $66.85 and a one-year low of $33.08. Currently, Krystal Biotech has an average volume of 126.5K.
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Krystal Biotech, Inc. is a gene therapy company, which engages in developing and commercializing treatment for patients suffering from dermatological diseases. It developed a gene therapy platform, which company refer to as the Skin TARgeted Delivery platform, or STAR-D platform, that consists of a patent pending engineered viral vector based on herpes simplex virus 1, or HSV-1, and skin-optimized gene transfer technology, to develop off-the-shelf treatments for dermatological diseases for which company believe there are no known effective treatments. The company was founded by Suma M. Krishnan in December 2017 and is headquartered in Pittsburgh, PA.
