Earnings PerformanceVericel Corporation's MACI and Burn Care segments outperformed in the third quarter, helping alleviate concerns about the steep revenue ramp required for the fourth quarter.
Growth ProspectsThe company is viewed as a rare 19-20%+ growth opportunity with inflecting profitability, contributing to the analyst's recommendation.
Revenue And ProfitabilityThe price target for Vericel Corporation has been increased to $50, reflecting confidence in its 20%+ growth prospects and accelerating profitability.