Article: H.C. Wainwright Sticks to Their Buy Rating for Pluristem (PSTI)

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H.C. Wainwright Sticks to Their Buy Rating for Pluristem (PSTI)

Christine Brown

SmarterAnalyst, 1 May 2020

In a report released today, Swayampakula Ramakanth from H.C. Wainwright maintained a Buy rating on Pluristem (PSTI), with a price target of $15.50. The company’s shares closed last Thursday at $9.17.

According to TipRanks.com, Ramakanth is a 1-star analyst with an average return of -0.7% and a 36.0% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Diffusion Pharmaceuticals, IntelGenx Technologies, and Corvus Pharmaceuticals.

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Comment: This company is at risk of collusion between a placement agent and naked short sellers.