Stephens & Co. Reiterates Equal-Weight on Cerus, Maintains $2.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jacob Johnson reiterated an Equal-Weight rating on Cerus (NASDAQ:CERS) and maintained a $2.5 price target.

March 07, 2024 | 3:32 pm
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Stephens & Co. reaffirmed an Equal-Weight rating on Cerus with a $2.5 price target.
The reiteration of an Equal-Weight rating and maintenance of the price target by Stephens & Co. suggests a neutral outlook on Cerus's stock in the short term. This indicates that the analyst sees the company as fairly valued at its current price, implying no significant short-term price movement is expected. The confidence level is high due to the specificity of the analyst's rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100