Cytosorbents (CTSO) Gets a Buy Rating from B.Riley FBR


B.Riley FBR analyst Andrew D’silva maintained a Buy rating on Cytosorbents (CTSO) on June 30 and set a price target of $16.00. The company’s shares closed last Thursday at $8.67.

According to TipRanks.com, D’silva is a 4-star analyst with an average return of 9.6% and a 46.5% success rate. D’silva covers the Healthcare sector, focusing on stocks such as Cumberland Pharmaceuticals, EyePoint Pharmaceuticals, and Eton Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cytosorbents with a $14.33 average price target, which is a 65.3% upside from current levels. In a report issued on July 14, H.C. Wainwright also maintained a Buy rating on the stock with a $14.00 price target.

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The company has a one-year high of $11.74 and a one-year low of $3.49. Currently, Cytosorbents has an average volume of 737.5K.

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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.

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