Alert: Major Price Advance (6/5/24)-Cytokinetics Inc (NASDAQ: CYTK).

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Cytokinetics Inc (NASDAQ: CYTK) stock closed at $54.58 on 6/5/24 after a major increase of 12.7%. Moreover, trading volume in this advance was exceptionally high at 303% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.2% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, CYTK is expected to be a major Value Eraser.

Cytokinetics is currently unrated.

Rating Review

The stock is currently unrated.

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