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Kymera Therapeutics (KYMR) Initiated with a Buy at Stifel Nicolaus
Kymera Therapeutics (KYMR) Initiated with a Buy at Stifel Nicolaus

Business Insider

time26-05-2025

  • Business
  • Business Insider

Kymera Therapeutics (KYMR) Initiated with a Buy at Stifel Nicolaus

In a report released today, Alex Thompson CFA from Stifel Nicolaus initiated coverage with a Buy rating on Kymera Therapeutics (KYMR – Research Report) and a price target of $55.00. The company's shares closed last Friday at $29.49. Confident Investing Starts Here: Thompson CFA covers the Healthcare sector, focusing on stocks such as Viridian Therapeutics, Argenx Se, and Travere Therapeutics. According to TipRanks, Thompson CFA has an average return of -5.8% and a 40.68% success rate on recommended stocks. In addition to Stifel Nicolaus, Kymera Therapeutics also received a Buy from UBS's Eliana Merle in a report issued on May 13. However, on May 12, Bank of America Securities reiterated a Hold rating on Kymera Therapeutics (NASDAQ: KYMR). Based on Kymera Therapeutics' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $22.1 million and a GAAP net loss of $65.58 million. In comparison, last year the company earned a revenue of $10.29 million and had a GAAP net loss of $48.56 million Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KYMR in relation to earlier this year. Most recently, in March 2025, Jeremy Chadwick, the COO of KYMR sold 1,383.00 shares for a total of $42,103.92.

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