Sangamo price target lowered to $3 from $9 at Barclays
The Fly

Sangamo price target lowered to $3 from $9 at Barclays

Barclays lowered the firm’s price target on Sangamo to $3 from $9 and keeps an Overweight rating on the shares. The analyst cut the target to reflect the Q3 update. The company’s new investments into Fabry and CAR-Treg programs will be deferred until financing procurement, the analyst tells investors in a research note.

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