Piper Jaffray analyst Edward Tenthoff doubled his price target for Fate Therapeutics to $20 and reiterates an Overweight rating on the shares following the company's Q4 results. Fate remains a 2018 top pick, Tenthoff tells investors in a post-earnings research note. Lead allogeneic natural killer cell therapy FATE-NK100 is in three ongoing Phase I studies and can enhance anti-tumor activity when combined with antibodies, the analyst contends.
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