Why Pulse Biosciences Stock Popped Today
The medical device maker now has a new bull touting its growth potential.
Overview
Investor pulses were racing for Pulse Biosciences (NASDAQ: PLSE) on Wednesday, as it was one of the better-performing medical device stocks on the market. This came down to an initiation of coverage by an analyst, backed by a rather positive evaluation of the company's business. Pulse's stock closed the day nearly 10% higher.
The initiating party was Freedom Capital Markets' Keith Hinton, who believes Pulse stock is a buy at a price target of $73 per share.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.