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Fulcrum Therapeutics price target raised to $23 from $16 at Piper Sandler

Piper Sandler raised the firm’s price target on Fulcrum Therapeutics (FULC) to $23 from $16 and keeps an Overweight rating on the shares. The firm notes Fulcrum reported positive PIONEER data at ASH. The company plans to report full 12-week Phase Ib PIONEER data in Q1 2026 and meet with the FDA to discuss a registrational trial for pociredir in sickle cell disease to start in the second half of 2026.

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