Foghorn Therapeutics (FHTX) Soars 11.4%: Is Further Upside Left in the Stock?
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Foghorn Therapeutics (FHTX) saw a significant 11.4% increase in its stock price during the last trading session, driven by higher-than-average trading volume. However, the current trend in earnings estimate revisions may not support continued upward movement in the near term.
February 11, 2025 | 3:45 pm
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Foghorn Therapeutics experienced a notable 11.4% increase in stock price due to high trading volume. However, the trend in earnings estimate revisions suggests that this upward momentum may not persist.
The stock's recent surge was driven by high trading volume, indicating strong investor interest. However, the lack of positive earnings estimate revisions suggests that the stock may not have the fundamental support needed to maintain its upward trajectory.
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