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0 0 -0.00372754998305657 -0.00508302270416803 0.00474415452389023 0.00474415452389023 0.0247373771602847 0.0215181294476449
Stock impact report

Fate Therapeutics gains as Wells Fargo cites upcoming catalysts [Seeking Alpha]

Fate Therapeutics, Inc. (FATE) 
Last fate therapeutics, inc. earnings: 3/2 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fatetherapeutics.com/investor-relations
Company Research Source: Seeking Alpha
Fate Therapeutics gains as Wells Fargo cites upcoming catalystsAug. 18, 2022 9:14 AM ETFate Therapeutics, Inc. (FATE)GILDBy:Dulan LokuwithanaSA News EditorPgiam/iStock via Getty ImagesThe shares of clinical-stage biotech Fate Therapeutics (NASDAQ:analysts James Shin and the team point to a positively skewed risk-reward setup for the company ahead of two updates for several drug candidates for cancer.According to Wells Fargo, data expected in November for FATEâ??s cancer immunotherapies FT536/ FT538 in solid tumors could add $10 per share upside depending on the early response (up to $3 per share downside).Meanwhile, updates on FT538 and FT516/596 in liquid tumors such as acute myeloid leukemia and B cell lymphoma could help lift FATE by $3 per share ($2 per share downside), the analysts added, raising their price target on the stock to $90 from $125 per share.While a disappointing small data set FATE announced for its candidates FT500/516 hurt its prospects in solid tumors, FT536/538 Show less Read more
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