Fate Therapeutics (FATE) Tops Q4 EPS by 1c

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Leerink Partners Remains Bullish as Fate Therapeutics (FATE) Plans to Initiate ProTmune Study

March 4, 2016 9:49 AM EST

Leerink Partners maintained an Outperform rating on Fate Therapeutics (NASDAQ: FATE), and cut the price target to $4.00 (from $8.00), following the company's 4Q earnings report. FATE's reported EPS of ($0.26) was slightly better than estimate' of ($0.28). The company also announced that it anticipates initiating the Phase I/II study of ProTmune in... More