Fate Therapeutics Reports Fourth Quarter and Full Year 2017 Financial Results and Highlights Operational Progress

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H.C. Wainwright Downgrades Fate Therapeutics (FATE) to Neutral

March 6, 2018 7:57 AM EST

H.C. Wainwright downgraded Fate Therapeutics (NASDAQ: FATE) from Buy to Neutral with a price target of $12.00 (from $7.00).

For an analyst ratings summary and ratings history on Fate Therapeutics click here. For more ratings news on Fate Therapeutics click here.

Shares of Fate Therapeutics closed at $13.77 yesterday.

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Fate Therapeutics (FATE) Misses Q4 EPS by 5c

March 5, 2018 4:04 PM EST

Fate Therapeutics (NASDAQ: FATE) reported Q4 EPS of ($0.29), $0.05 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $1 million versus the consensus estimate of $940 thousand.

Cash, cash equivalents and short-term investments as of December 31, 2017 were $100.9 million compared to $92.1 million as of... More