StockNews.com assumed coverage on shares of Brainstorm Cell Therapeutics (NASDAQ:BCLI – Get Free Report) in a report issued on Wednesday. The brokerage set a “hold” rating on the biotechnology company’s stock.
Separately, Maxim Group raised shares of Brainstorm Cell Therapeutics from a “hold” rating to a “buy” rating and set a $2.00 price target for the company in a report on Thursday, July 11th.
Check Out Our Latest Research Report on BCLI
Brainstorm Cell Therapeutics Price Performance
Brainstorm Cell Therapeutics (NASDAQ:BCLI – Get Free Report) last issued its quarterly earnings results on Tuesday, May 14th. The biotechnology company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. Analysts expect that Brainstorm Cell Therapeutics will post -0.14 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Brainstorm Cell Therapeutics
An institutional investor recently bought a new position in Brainstorm Cell Therapeutics stock. Kingswood Wealth Advisors LLC acquired a new position in shares of Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLI – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 81,050 shares of the biotechnology company’s stock, valued at approximately $46,000. Kingswood Wealth Advisors LLC owned 0.12% of Brainstorm Cell Therapeutics as of its most recent filing with the Securities and Exchange Commission. 14.33% of the stock is currently owned by institutional investors and hedge funds.
Brainstorm Cell Therapeutics Company Profile
Brainstorm Cell Therapeutics Inc, a biotechnology company, engages in the development and commercialization of autologous cellular therapies for the treatment of neurodegenerative diseases. The company, through its NurOwn proprietary cell therapy platform, leverages cell culture methods to induce autologous bone marrow-derived mesenchymal stem cells to secrete high levels of neurotrophic factors, modulate neuroinflammatory and neurodegenerative disease processes, promote neuronal survival, and enhance neurological function.
Read More
- Five stocks we like better than Brainstorm Cell Therapeutics
- What does consumer price index measure?
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- 3 Stocks to Consider Buying in October
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- Why Are These Companies Considered Blue Chips?
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
Receive News & Ratings for Brainstorm Cell Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brainstorm Cell Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.