Cantor Fitzgerald Assumes Cerus at Overweight, Lowers Price Target of $3
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Ross Osborn has assumed Cerus (NASDAQ:CERS) with an Overweight rating, but has lowered the price target to $3.

November 08, 2023 | 5:12 pm
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Cerus has been given an Overweight rating by Cantor Fitzgerald, indicating a positive outlook. However, the price target has been lowered to $3.
The Overweight rating suggests that Cantor Fitzgerald expects Cerus to outperform the market, which could lead to a positive impact on the stock. However, the lowering of the price target might indicate a tempered expectation of the stock's future performance, which could have a neutralizing effect.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100