Oppenheimer Maintains Outperform on Fulcrum Therapeutics, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Matthew Biegler maintains an Outperform rating on Fulcrum Therapeutics (NASDAQ:FULC) but lowers the price target from $16 to $14.

May 14, 2024 | 9:21 am
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Oppenheimer maintains an Outperform rating on Fulcrum Therapeutics but lowers the price target from $16 to $14.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of an Outperform rating indicates a continued positive view on the company's fundamentals and long-term prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the implications.
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