Goldman Sachs Maintains Buy on Foghorn Therapeutics, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Paul Choi maintains a Buy rating on Foghorn Therapeutics (NASDAQ:FHTX) but lowers the price target from $21 to $19.

June 29, 2023 | 9:41 am
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Goldman Sachs maintains a Buy rating on Foghorn Therapeutics but lowers the price target from $21 to $19.
The news is directly about Foghorn Therapeutics. While the maintained Buy rating is positive, the lowered price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100