CryoPort Inc (CYRX) Upgraded by ValuEngine to “Hold”

CryoPort Inc (OTCMKTS:CYRX) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, May 12th, reports. The brokerage presently has a $122.00 target price on the consumer goods maker’s stock.

Separately, Needham & Company LLC initiated coverage on shares of CryoPort in a research note on Monday, April 3rd. They set a “buy” rating and a $3.50 target price for the company.

Shares of CryoPort (OTCMKTS:CYRX) traded up 0.21% during midday trading on Friday, hitting $4.68. The company’s stock had a trading volume of 309,540 shares. The firm’s market cap is $112.20 million. CryoPort has a 52-week low of $1.50 and a 52-week high of $4.75. The stock’s 50 day moving average is $3.35 and its 200-day moving average is $3.12.

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CryoPort Company Profile

Cryoport, Inc (Cryoport) is a provider of cryogenic logistics solutions to the life sciences industry through its purpose-built packaging, information technology and specialized cold chain logistics expertise. The Company provides logistics solutions for biologic materials, such as immunotherapies, stem cells, chimeric antigen receptors (CAR)-T cells, and reproductive cells for clients.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Stock Target Prices

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