TD Cowen Begins Coverage on CeriBell (NASDAQ:CBLL)

Stock analysts at TD Cowen initiated coverage on shares of CeriBell (NASDAQ:CBLLGet Free Report) in a research report issued to clients and investors on Tuesday, Marketbeat reports. The firm set a “buy” rating and a $31.00 price target on the stock. TD Cowen’s target price indicates a potential upside of 11.59% from the stock’s current price.

Separately, William Blair assumed coverage on shares of CeriBell in a research report on Tuesday. They set an “outperform” rating for the company. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $31.00.

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CeriBell Stock Performance

NASDAQ CBLL opened at $27.78 on Tuesday. CeriBell has a 1-year low of $23.00 and a 1-year high of $28.94.

CeriBell Company Profile

(Get Free Report)

We are a commercial-stage medical technology company focused on transforming the diagnosis and management of patients with serious neurological conditions. We have developed the Ceribell System, a novel, point-of-care electroencephalography (“EEG”) platform specifically designed to address the unmet needs of patients in the acute care setting.

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