Cardiovascular Systems PT Raised to $41.00 at Wunderlich (CSII)
Stock analysts at Wunderlich increased their target price on shares of Cardiovascular Systems (NASDAQ:CSII) from $34.00 to $41.00 in a report issued on Friday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price target indicates a potential upside of 32.56% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Cardiovascular Systems from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday. They now have a $34.80 price target on the stock. Separately, analysts at Benchmark Co. downgraded shares of Cardiovascular Systems from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, November 26th. They now have a $35.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Dougherty & Co reiterated a “buy” rating on shares of Cardiovascular Systems in a research note to investors on Thursday, October 31st. They now have a $50.00 price target on the stock. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $36.97.
Cardiovascular Systems (NASDAQ:CSII) traded up 0.94% on Friday, hitting $31.22. 374,799 shares of the company’s stock traded hands. Cardiovascular Systems has a 52 week low of $13.28 and a 52 week high of $34.72. The stock’s 50-day moving average is $32.95 and its 200-day moving average is $25.12. The company’s market cap is $802.4 million.
Cardiovascular Systems, Inc (NASDAQ:CSII) is a medical device company.
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