Fate Therapeutics (FATE) Receives a Hold from Wedbush
Wedbush analyst David Nierengarten maintained a Hold rating on Fate Therapeutics (FATE – Research Report) today and set a price target of $5.00. The company’s shares closed yesterday at $1.00.
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Nierengarten covers the Healthcare sector, focusing on stocks such as Argenx Se, AnaptysBio, and Nuvation Bio. According to TipRanks, Nierengarten has an average return of 5.7% and a 40.33% success rate on recommended stocks.
In addition to Wedbush, Fate Therapeutics also received a Hold from Needham’s Gil Blum in a report issued today. However, on the same day, Barclays maintained a Buy rating on Fate Therapeutics (NASDAQ: FATE).
FATE market cap is currently $122.6M and has a P/E ratio of -0.61.
Read More on FATE:
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- Fate Therapeutics price target lowered to $4 from $5 at Baird
- Fate Therapeutics price target lowered to $2 from $10 at Barclays
- Cautious Optimism for Fate Therapeutics Amid Promising Developments and Financial Stability
- Fate Therapeutics reports Q1 EPS (32c), consensus (38c)
- FATE Upcoming Earnings Report: What to Expect?