# Foghorn (FHTX) — News

FHTX · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/fhtx/news

## Recent headlines

- [Foghorn Therapeutics Inc.: Wedbush cuts to neutral from outperform; cuts target price to $2 from $10](https://www.ainvest.com/news/foghorn-therapeutics-wedbush-cuts-neutral-outperform-cuts-target-price-2-10-2610) — AInvest Wire, Oct 2, 2026
  Wedbush Securities has downgraded Foghorn Therapeutics Inc. (FHTX) to "Neutral" from "Outperform" and simultaneously reduced its price target to $2 from $10, citing recent developments and revised expectations for the biotechnology firm. This move follows similar downgrades from TD Cowen and BTIG,…
- [Foghorn Therapeutics Inc.: H.C. Wainwright cuts target price to $5 from $13](https://www.ainvest.com/news/foghorn-therapeutics-wainwright-cuts-target-price-5-13-2610) — AInvest Wire, Oct 2, 2026
  H.C. Wainwright has further reduced its price target for Foghorn Therapeutics Inc. (FHTX) to $5 from $13, while maintaining a "Buy" rating . This adjustment follows the company’s decision to discontinue independent development of FHD-286 . Despite this setback, the firm remains supportive of…
- [Foghorn Therapeutics Inc.: BTIG cuts to neutral from buy](https://www.ainvest.com/news/foghorn-therapeutics-btig-cuts-neutral-buy-2610) — AInvest Wire, Oct 2, 2026
  BTIG has revised its recommendation for Foghorn Therapeutics Inc. (FHTX), downgrading the stock from "Buy" to "Neutral". This adjustment reflects a reassessment of the company's current market position and performance. FHTX, a development-stage biopharmaceutical firm, is focused on chromatin…
- [Foghorn Therapeutics Inc.: Jefferies cuts target price to $5 from $12](https://www.ainvest.com/news/foghorn-therapeutics-jefferies-cuts-target-price-5-12-2610) — AInvest Wire, Oct 2, 2026
  Jefferies has revised its price target for Foghorn Therapeutics Inc. (FHTX), reducing it from $12 to $5, a significant 58.33% decrease. Despite this adjustment, the firm has maintained its "Buy" rating for the biotechnology company, signaling continued confidence in its long-term potential . The…
- [Foghorn Therapeutics shares hit record low after co scraps cancer drug development with Eli Lilly, to cut 40% of workforce, last down 46%](https://www.ainvest.com/news/foghorn-therapeutics-shares-hit-record-scraps-cancer-drug-development-eli-lilly-cut-40-workforce-46-2610) — AInvest Wire, Oct 1, 2026
  Foghorn Therapeutics Inc. (FHTX) shares fell more than 3% on Monday, hitting intraday lows not seen in over 10 months, following the company’s announcement to discontinue experimental drug FHD-286 in combination with decitabine for treating relapsed and/or refractory acute myeloid leukemia (AML).…

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