TD Cowen analyst Joshua Jennings raised the firm’s price target on Ceribell (CBLL) to $36 from $31 and keeps a Buy rating on the shares. The firm said its target increase reflects a slightly higher EV/sales multiple of 10.5 applied to their unchanged 2026 estimate and an updated share count.
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Read More on CBLL:
- Ceribell appoints Rodenbush as CPO, Price as SVP of Marketing
- Ceribell price target raised to $31 from $30 at Canaccord
- Ceribell, Inc. Reports Strong Q3 2024 Growth
- Ceribell reports Q3 EPS ($1.85), consensus (34c)
- Ceribell receives authority to operate from Department of Veterans Affairs
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.