Form 8-K ZAFGEN, INC. For: Oct 16

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Zafgen (ZFGN) PT Cut to $46 at Leerink Partners Amid Partial Clinical Hold; Maintains Bullish View

October 16, 2015 12:07 PM EDT

Leerink Partners analyst Joseph Schwartz lowered his price target on Zafgen (NASDAQ: ZFGN) to $46.00 (from $56.00) after the company announced that it received verbal notice from FDA late yesterday that beloranib has been placed on 'partial clinical hold.' However, the analyst is maintaining an Outperform... More