Cerus shares rise 21.13% intraday as Cantor Fitzgerald maintains buy rating with $4 price target.

Cerus surged 21.13% intraday following Cantor Fitzgerald analyst Ross Osborn’s reaffirmation of a $4 buy rating for the stock. The analyst maintained the recommendation despite a historical success rate of 28.8% and a -6.5% average return over the past year, as noted by TipRanks. The move likely signaled renewed institutional confidence in Cerus’s near-term prospects, aligning with the stock’s sharp intraday rally. The recommendation, though not an investment guarantee, may have spurred short-term buying interest, particularly in a market sensitive to analyst sentiment shifts.