TD Cowen Sees Compelling Long-Term Value in Cerus Corporation (CERS)

5 days ago 8

Cerus Corporation (NASDAQ:CERS) is among the Best Get Rich Fast Stocks to Buy Right Now. On December 23, TheFly reported that TD Cowen views Cerus Corporation (NASDAQ:CERS)’s Intercept Fibrinogen Complex franchise arsenic an “underappreciated” maturation motor successful the agelong haul. The steadfast believes the recently announced BCA concern volition importantly heighten its adoption, scalability, and profitability crossed the U.S. humor halfway space.

With that said, the fiscal services steadfast remains assured successful the sustainability of the company’s double-digit gross maturation trajectory and finds the existent valuation appealing. TD Cowen maintains a ‘Buy’ standing connected Cerus Corporation (NASDAQ:CERS) with a terms people of $5. This reflects a imaginable upside of 143%.

Why Impact Biomedical Inc. (IBO) Surged On Thursday?

Why Impact Biomedical Inc. (IBO) Surged On Thursday?

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Earlier connected December 10, Cerus Corporation (NASDAQ:CERS) announced that it had signed a purchasing statement with Blood Centers of America (BCA), a starring humor proviso cooperative successful the United States. The statement incorporates the company’s implicit INTERCEPT merchandise offering, including the pathogen simplification technology.

With an purpose to heighten consciousness and adoption of pathogen simplification technologies, the task is anticipated to “provide entree to pathogen-reduced platelets for caller customers.” As stated by the COO of Cerus Corporation (NASDAQ:CERS), Vivek Jayaraman,

“I judge this statement has the imaginable to beryllium rather affirmative for BCA, their humor halfway rank and Cerus.”

Cerus Corporation (NASDAQ:CERS) is simply a California-based biomedical products institution specializing successful the INTERCEPT Blood System. Incorporated successful 1991, the institution offers platelet and plasma systems done a nonstop income unit and distributors.

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