Sangamo Therapeutics Announces Chief Financial Officer Succession

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Piper Jaffray Remains Sidelined on Sangamo Biosciences (SGMO) Following 4Q Report

February 28, 2017 12:01 PM EST

Piper Jaffray reiterated a Neutral rating and $5.00 price target on Sangamo BioSciences (NASDAQ: SGMO) following the company's 4Q earnings report. Sangamo reported 4Q16 revenues of $8.9M, slightly above projections, and opex of $18.8M, slightly below projections.

Analyst Charles Duncan commented, "Today Sangamo reported 4Q16 financial... More