HC Wainwright & Co. Reiterates Buy on Foghorn Therapeutics, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Andrew Fein has reiterated a Buy rating on Foghorn Therapeutics (NASDAQ:FHTX) and maintained a $20 price target.
May 07, 2024 | 10:49 am
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HC Wainwright & Co. analyst Andrew Fein reiterated a Buy rating on Foghorn Therapeutics with a $20 price target.
The reiteration of a Buy rating and maintenance of a $20 price target by a reputable analyst like Andrew Fein suggests a strong vote of confidence in Foghorn Therapeutics. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in FHTX's stock price, given the analyst's influence and the specificity of the price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100