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Stock impact report

Why Everyone Is Watching 4D Molecular Therapeutics, Inc. (FDMT) Closely [Yahoo! Finance]

4D Molecular Therapeutics, Inc. (FDMT) 
Company Research Source: Yahoo! Finance
Therapeutics, Inc. (NASDAQ:FDMT) has a ‘Buy' or equivalent rating from 82% of the analysts covering the stock. While the price target ranges from $17 to $45, the one-year median price target of $33 translates to an upside potential of over 300%. On December 19, Scott Bizily, the CLO of 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT), offloaded 1,635 shares of the company's stock, worth a total of approximately $17,821. Earlier on December 17, 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) reported positive interim clinical data from its 4D-710 Phase 1 AEROW clinical trial targeting cystic fibrosis lung disease, according to TheFly. Since the previous update, the higher-dose cohorts have demonstrated no new pulmonary or other safety events, with up to 3.5 years of follow-up. 4D-710-related unfavorable events were observed to be mild and resolvable within 2 months in lower-dose cohorts, with no severe 4D-710-related adverse events. Airway biopsy and brushing outcomes showed stable an Show less Read more
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