Faeth Therapeutics shares are trading higher after HC Wainwright & Co initiated coverage on the stock with a Buy rating and announced a $60 price target. The company entered into a sales agreement for an offering of up to $150 million.

Faeth Therapeutics, Inc.

Faeth Therapeutics, Inc.

FTH

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Faeth Therapeutics shares are trading higher after HC Wainwright & Co initiated coverage on the stock with a Buy rating and announced a $60 price target. The company entered into a sales agreement for an offering of up to $150 million.