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Craig-Hallum bullish on Cryoport, initiates with a Buy

As previously reported, Craig-Hallum initiated coverage of Cryoport (CYRX) with a Buy rating and $15 price target CryoPort is a specialized logistics provider serving the C&GT market. The firm believes that the pipeline ramp, adjusted EBITDA turning positive in the second half of 2026, regulatory tailwinds, and a clean balance sheet are all underestimated by the Street. This could represent one of the most asymmetric setups in the C&GT space, Craig-Hallum adds.

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