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Sangamo Biosciences (SGMO) R&D EVP Resigns

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Piper Jaffray Downgrades Sangamo BioSciences (SGMO) to Neutral

October 19, 2016 10:59 AM EDT

Piper Jaffray downgraded Sangamo BioSciences (NASDAQ: SGMO) from Overweight to Neutral with a price target of $5.00 (from $9.00).

Analyst Charles Duncan commented, "This morning Sangamo announced the departure of its EVP of R&D and shares are trading off. This comes after several... More