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RBC keeps Cytokinetics at sector perform
Cytokinetics, Inc. was maintained at sector perform, speculative risk, by RBC Capital Markets analyst Jason Kantor. The company's lead cardiovascular candidate CK-1827452 is the most important near- and long-term value driver, according to the analyst. RBC believes Cytokinetics will move ispinesib for cancer into a phase 3 combination study. Shares of the South San Francisco, Calif.-based biopharmaceutical company were up 28 cents, or 4.47%, at $6.55 on volume of 467,167 shares versus the three-month running average of 116,028 shares. (Nasdaq: CYTK)
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