BofA upgrades Tyra Biosciences to 'buy', raises PT
** Shares of drug developer Tyra Biosciences TYRA.O up about 3.6% at $27
** BofA Global Research upgrades rating to "buy" from "neutral" while also raising price objective to $31 from $22
** Rating upgrade on TYRA based on potential positive clinical data from an early-to-mid stage clinical trial for lead candidate TYRA-300 for treating a type of bladder and urinary tract cancer- BofA
** Brokerage sees TYRA-300's potential for improved safety over commercial rivals like Johnson & Johnson's JNJ.N erdafitinib
** Seven brokerages that cover TYRA stock rate "buy" and above; their median PT is $31- LSEG data
** Including session gains, stock up ~95% this year
Reporting by Sruthi Narasimha Chari in Bengaluru
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