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Phathom upgraded at Barclays following pullback, Voquezna optimism
- What: Phathom Pharmaceuticals Inc. (KYPH) has been upgraded by Barclays after a recent pullback, driven by optimism surrounding its Voquezna product.
- Why: The upgrade is based on the company's strong pipeline, particularly its Voquezna product, which has shown promising results.
- Signal: The upgrade is seen as a positive signal for the company's future prospects, indicating a potential rebound in its stock price.
- Target: Barclays has set a price target of $**15.00** for Phathom Pharmaceuticals Inc.
- Risk: The upgrade carries some risk, as the company's stock price may not necessarily reach the target, and market conditions can change rapidly.