Brainstorm Cell Therapeutics Receives a Buy from H.C. Wainwright

H.C. Wainwright analyst Jason Kolbert maintained a Buy rating on Brainstorm Cell Therapeutics (NASDAQ: BCLI) today and set a price target of $11. The company’s shares closed yesterday at $4.71.

According to TipRanks.com, Kolbert is a 1-star analyst with an average return of -0.9% and a 39.6% success rate. Kolbert covers the Healthcare sector, focusing on stocks such as Anavex Life Sciences, Can-Fite BioPharma, and Cytosorbents Corp.

Currently, the analyst consensus on Brainstorm Cell Therapeutics is Moderate Buy and the average price target is $10, representing an 112.3% upside.

In a report issued on May 25, Maxim Group also assigned a Buy rating to the stock with a $9 price target.

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The company has a one-year high of $5.35 and a one-year low of $2.88. Currently, Brainstorm Cell Therapeutics has an average volume of 131.5K.

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Brainstorm Cell Therapeutics, Inc. operates as a biotechnology company, which develops and commercializes adult stem cell therapeutic products. It focuses on utilizing the patients own bone marrow stem cells to generate neuron-like cells that may provide an effective treatment initially for amyotrophic lateral sclerosis, Parkinson’s disease, multiple sclerosis and spinal cord injury. The company was founded on September 22, 2000 and is headquartered in New York, NJ.