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CYTK - Cytokinetics, Incorporated

Analyst Downgrade Signal for 01-05-2024
Analyst Downgrade Signal: CYTK from Overweight to Equal-Weight by Morgan Stanley
Price Target: $60>>90



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 01-05-2024
Symbol: CYTK - Cytokinetics, Incorporated
Sector: Healthcare
Industry: Biotechnology
Analyst Downgrade Signal: CYTK from Overweight to Equal-Weight by Morgan Stanley
Price Target: $60>>90

  CYTK Technical Chart

Company Contact

Cytokinetics, Incorporated (CYTK)
280 E Grand Ave
South San Francisco, CALIFORNIA 94080
Phone: 16506243000
Website: http://www.cytokinetics.com
CEO: Mr. Robert Blum


Company Profile

Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company is developing small molecule drug candidates primarily engineered to increase muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure; and reldesemtiv, a novel fast skeletal muscle troponin activator, which is in Phase II clinical trial to treat amyotrophic lateral sclerosis and spinal muscular atrophy. The company also develops reldesemtiv that is in Phase II clinical trials in patients with chronic obstructive pulmonary disease, and in Phase Ib clinical trials in elderly subjects with limited mobility. In addition, it develops CK-3773274, a novel cardiac myosin inhibitor, which is in Phase II clinical trial for the potential treatment of hypertrophic cardiomyopathy; and AMG 594, a novel cardiac troponin activator that is in Phase I clinical trial. The company has strategic alliances with Amgen Inc. and Astellas Pharma Inc. Cytokinetics, Incorporated was founded in 1997 and is headquartered in South San Francisco, California.