Krystal Biotech Inc (KRYS) Receives a Rating Update from a Top Analyst

By Carrie Williams

Cowen & Co. analyst Ritu Baral maintained a Buy rating on Krystal Biotech Inc (KRYSResearch Report) today. The company’s shares opened today at $31.05.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 28.1% and a 54.6% success rate. Baral covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals Inc, ACADIA Pharmaceuticals Inc, and Allena Pharmaceuticals Inc.

Currently, the analyst consensus on Krystal Biotech Inc is a Strong Buy with an average price target of $43.38.

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The company has a one-year high of $36.89 and a one-year low of $9.90. Currently, Krystal Biotech Inc has an average volume of 86.62K.

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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.