Cytosorbents (CTSO) Receives a Buy from H.C. Wainwright

H.C. Wainwright analyst Sean Lee CFA maintained a Buy rating on Cytosorbents (CTSOResearch Report) today and set a price target of $13.00. The company’s shares closed last Tuesday at $9.26.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 50.2% and a 74.2% success rate. CFA covers the Healthcare sector, focusing on stocks such as ThermoGenesis Holdings, CASI Pharmaceuticals, and Gritstone Oncology.

Currently, the analyst consensus on Cytosorbents is a Moderate Buy with an average price target of $13.50.

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The company has a one-year high of $11.74 and a one-year low of $3.60. Currently, Cytosorbents has an average volume of 277.6K.

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CytoSorbents Corp. engages in the research and development of blood purification technology for the reduction of deadly uncontrolled inflammation in hospitalized patients. Its product include CytoSorb, ContrastSorb, HemoDefend, VetResQ, and DrugSorb. The company was founded by Joseph Rubin on April 25, 2002 and is headquartered in Monmouth Junction, NJ.