Cytosorbents (CTSO) Receives a Buy from B.Riley FBR


B.Riley FBR analyst Andrew D’silva reiterated a Buy rating on Cytosorbents (CTSO) today and set a price target of $16.00. The company’s shares closed last Wednesday at $10.06.

According to TipRanks.com, D’silva is a 4-star analyst with an average return of 10.7% and a 43.4% success rate. D’silva covers the Healthcare sector, focusing on stocks such as Cumberland Pharmaceuticals, EyePoint Pharmaceuticals, and Eton Pharmaceuticals.

Cytosorbents has an analyst consensus of Strong Buy, with a price target consensus of $14.67, representing a 45.2% upside. 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 641.8K.

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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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