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Fate Therapeutics price target lowered to $3 from $5 at Stifel

Fate Therapeutics price target lowered to $3 from $5 at Stifel

Stifel lowered the firm’s price target on Fate Therapeutics (FATE) to $3 from $5 and keeps a Hold rating on the shares. Key updates the firm will be tracking throughout 2025 include FT819 data and FT825 in solid tumors, notes the analyst, whose updated model now only includes FT819 in moderate-to-severe systemic lupus erythematosus.

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