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BTIG Sticks to Its Buy Rating for Cerus (CERS)

In a report released on August 7, Research Report), with a price target of $8.00. The company’s shares closed yesterday at $5.43.

Massaro covers the Healthcare sector, focusing on stocks such as Akoya Biosciences, Natera, and DermTech. According to TipRanks, Massaro has an average return of 1.1% and a 44.79% success rate on recommended stocks.

Currently, the analyst consensus on Cerus is a Moderate Buy with an average price target of $8.00.

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The company has a one-year high of $8.06 and a one-year low of $4.35. Currently, Cerus has an average volume of 1.96M.

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Cerus Corp. engages in the research, development, and manufacture of biomedical and surgical products. The firm produces blood system for platelets and plasma. It operates through Blood Safety segment. It markets products under the INTERCEPT brand. The company was founded by Laurence M. Corash and John E. Hearst on September 19, 1991 and is headquartered in Concord, CA.

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