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Cytosorbents Gets Bullish Commentary On European Outlook
Wednesday, October 26, 2016 - 12:55pm | 293Aegis Capital initiated coverage of Cytosorbents Corp (NASDAQ: CTSO) with a Buy rating and $20 target price on strong outlook for European markets. The company sells Cytosorb, which removes excess inflammatory cytokines from the blood that helps preventing organ failure and death in ICU...
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TG Therapeutics Has Quite The Promising Pipeline
Thursday, October 6, 2016 - 1:26pm | 204Brean Capital assumed coverage of TG Therapeutics Inc (NASDAQ: TGTX) with a Buy rating and $28 target price on promising pipeline. The company has two lead oncology drug candidates in Phase III trials: TG-1101 (a monoclonal antibody that targets aunique epitope on the B-lymphocyte CD20 antigen...
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Brean Capital Sees A $300 Million Opportunity For Heron Therapeutics New Drug Launch
Tuesday, October 4, 2016 - 12:30pm | 208Brean Capital thinks Heron Therapeutics Inc (NASDAQ: HRTX) has a $300 million opportunity over the next five years from yet-to-be-launched Sustol. Sustol is the first and only approved 5-HT3 receptor antagonist with an extended-release effect and 5 days of Chemotherapy Induced Vomiting (CINV)...
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2 Long-Term Goals From Accuray's Management
Monday, May 23, 2016 - 8:09am | 288Accuray Incorporated (NASDAQ: ARAY) hosted its Analyst Day last week. Brean Capital’s Jason Wittes maintained a Buy rating for the company, with a price target of $12, saying that the meeting was upbeat and focused on the company’s longer-term transformative strategies. Fiscal...
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Brean Upgrades Stryker To Buy Following 'Solid' Earnings Report
Wednesday, January 27, 2016 - 8:51am | 325Amid volatility, Stryker Corporation (NYSE: SYK) shares are down 5 percent in the last six months. Brean Capital’s Jason Wittes upgraded the rating for the company from Hold to Buy, while establishing a price target of $115. Wittes believes that the concerns around the company...
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Brean Digs Into Osiris Therapeutics 10Q, Downgrades To Sell
Tuesday, November 17, 2015 - 9:16am | 350Osiris Therapeutics, Inc. (NASDAQ: OSIR) shares are down 19 percent in the last three months, even after hitting a high at $21.13 on September 17. Brean Capital’s Jason Wittes downgraded the rating on the company from Hold to Sell, while establishing a price target of $8. The...
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Why Brean's Jason Wittes Is Watching Osir Therapeutics
Thursday, October 1, 2015 - 9:36am | 348Shares of Osiris Therapeutics, Inc. (NASDAQ: OSIR) have increased by 19.62 percent year-to-date, reaching a high of $22.64 on July 16. Brean Capital’s Jason Wittes has initiated coverage of Osiris Therapeutics with a Hold rating. While mentioning that the stock was fairly valued at...
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Brean Capital Cashes Out Of Zimmer Holdings, Downgrades Stock On 'Uncertainty'
Thursday, June 25, 2015 - 10:04am | 281In a report published Thursday, Brean Capital analyst Jason Wittes downgraded the rating on Zimmer Holdings, Inc. (NYSE: ZMH) from Buy to Hold. The analyst expects uncertainty regarding the company's performance to persist for the next several quarters, which would keep the stock range bound, at...
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UPDATE: Brean Capital Upgrades Analogic Following Marketing Day
Tuesday, March 24, 2015 - 9:14am | 283In a report published Tuesday, Brean Capital analyst Jason Wittes upgraded the rating on Analogic Corporation (NASDAQ: ALOG) from Hold to Buy, and named a $110.00 price target. In the report, Brean Capital noted, "We are upgrading ALOG to a Buy with a $110 target price. This follows a day of...
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Brean Capital Sees Analogic Staying On Course In 2Q15
Wednesday, March 11, 2015 - 10:24am | 129In a report published Wednesday, Brean Capital analyst Jason Wittes reiterated a Hold rating on Analogic Corporation (NASDAQ: ALOG). In the report, Brean Capital noted, "ALOG reported diluted non-GAAP 2Q15 EPS of $1.08, materially exceeding both our estimate and the consensus estimate of $0.71 and...
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Brean Capital Sees Tremendous Growth Opportunities In LDR Holding
Monday, February 23, 2015 - 11:55am | 181In a report written by Brean Capital analyst Jason Wittes, LDR Holding Corp (NASDAQ: LDRH) was initiated with a Buy rating and a $50 one-year price target. Wittes wrote, "Given the degree of differentiation and the potential for LDRH's cervical disc technology to disrupt the current...
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Brean Capital Has Positive 4Q14 Outlook For Teleflex Incorporated
Thursday, February 19, 2015 - 9:04am | 150In a report published Thursday, Brean Capital analyst Jason Wittes reiterated a Buy rating and $125.00 price target on Teleflex Incorporated (NYSE: TFX). In the report, Brean Capital noted, "We are projecting fourth quarter Adjusted EPS of $1.39 and revenues up 5.7% to $476 million, both of which...
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Brean Capital Feels Positive On Teleflex Following Management Meetings
Thursday, January 22, 2015 - 8:44am | 83In a report published Thursday, Brean Capital analyst Jason Wittes reiterated a Buy rating and $125.00 price target on Teleflex (NYSE: TFX). In the report, Brean Capital noted, “We recently met with Chairman and CEO Benson Smith, CFO Thomas Powell, Executive Vice President of Americas (previously...
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Brean Capital Sees Limited 2Q15 Visibility For Accuray
Friday, January 9, 2015 - 11:08am | 242In a report published Friday, Brean Capital analyst Jason Wittes reiterated a Buy rating and $12.00 price target on Accuray (NASDAQ: ARAY). In the report, Brean Capital noted, “We have been getting questions about ARAY's upcoming quarter, given the likelihood like many other companies (and as they...