HC Wainwright & Co. Reiterates Neutral on Fate Therapeutics, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Neutral rating on Fate Therapeutics (NASDAQ:FATE) and maintained a $7 price target.

March 19, 2024 | 10:53 am
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NEUTRAL IMPACT
Fate Therapeutics receives a reiterated Neutral rating and a maintained $7 price target from HC Wainwright & Co.
The reiteration of a Neutral rating and maintenance of a $7 price target by a notable analyst firm like HC Wainwright & Co. suggests a stable outlook for Fate Therapeutics. This analysis likely reflects a balanced view of the company's current valuation and future prospects, without significant new information that would drastically change the stock's trajectory in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90