Geron (GERN) Stock Price Target Cut by $1, Fair Value Estimate Holds at $3.40

Geron's stock price target has been trimmed by $1 to $3.40, but the model fair value estimate remains steady. Analysts are divided on whether this adjustment is a reset of expectations or a signal that prior assumptions were set too high. The change in target has sparked debate on the company's growth prospects and timelines.