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Stock impact report

TD Cowen Sees Compelling Long-Term Value in Cerus Corporation (CERS) [Yahoo! Finance]

Cerus Corporation (CERS) 
Last cerus corporation earnings: 2/20 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cerus Corporation (NASDAQ:CERS)'s Intercept Fibrinogen Complex franchise as an “underappreciated” growth engine in the long haul. The firm believes the newly announced BCA partnership will significantly enhance its adoption, scalability, and profitability across the U.S. blood center space. With that said, the financial services firm remains confident in the sustainability of the company's double-digit revenue growth trajectory and finds the current valuation appealing. TD Cowen maintains a ‘Buy' rating on Cerus Corporation (NASDAQ:CERS) with a price target of $5. This reflects a potential upside of 143%. Elena Pavlovich/Shutterstock.com Earlier on December 10, Cerus Corporation (NASDAQ:CERS) announced that it had signed a purchasing agreement with Blood Centers of America (BCA), a leading blood supply cooperative in the United States. The agreement incorporates the company's complete INTERCEPT product offering, including the pathogen reduction technology. With an aim to enhan Show less Read more
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