William Blair analyst Margaret Kaczor has maintained their bullish stance on CBLL stock, giving a Buy rating on May 20.
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Margaret Kaczor has given her Buy rating due to a combination of factors that highlight Ceribell, Inc.’s potential for growth and profitability. The company’s management has expressed confidence in its robust underlying fundamentals, which are expected to gain further momentum from both near- and long-term expansion opportunities. This is supported by an increasingly effective commercial team projected to enhance performance over the next 12-18 months.
Ceribell’s recent initiatives, such as the rollout in pediatric patients following FDA approval, are indicative of its strategic focus on expanding its market presence. Despite the stock’s decline due to external factors like China manufacturing exposure and lock-up expiration, the company’s high-margin, recurring revenue business model and proactive approach to driving indication initiatives present a compelling case for long-term investment. These elements collectively suggest that the current stock price offers an attractive entry point for investors.
In another report released on May 20, TD Cowen also maintained a Buy rating on the stock with a $36.00 price target.