Sangamo price target lowered to $15 from $25 at H.C. Wainwright

H.C. Wainwright analyst Patrick Trucchio lowered the firm’s price target on Sangamo to $15 from $25 and keeps a Buy rating on the shares post the Q4 results. The company’s pipeline is progressing on multiple fronts, the analyst tells investors in a research note. The firm dropped the price target to reflect the removal of BIVV003, but continues to find Sangamo shares "compelling at current levels."