H.C. Wainwright Sticks to Its Buy Rating for Pluristem (PSTI)


H.C. Wainwright analyst Swayampakula Ramakanth reiterated a Buy rating on Pluristem (NASDAQ: PSTI) today and set a price target of $3.50. The company’s shares closed yesterday at $1.31.

According to TipRanks.com, Ramakanth is a 4-star analyst with an average return of 7.9% and a 42.6% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Diffusion Pharmaceuticals Inc, IntelGenx Technologies, and Leap Therapeutics Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pluristem with a $3.67 average price target.

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The company has a one-year high of $2.12 and a one-year low of $1.14. Currently, Pluristem has an average volume of 205.8K.

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Pluristem Therapeutics, Inc. is a biotechnology company, which engages in the provision of cell therapy development. It develops placenta-based cell therapy product candidates for the treatment of multiple ischemic, inflammatory and hematologic conditions.

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