Vericel Announces FDA Approval and Commercial Availability of MACI Arthro

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Vericel Corporation (VCEL) PT Raised to $60 at TD Cowen

August 26, 2024 12:30 PM EDT

TD Cowen analyst Joshua Jennings raised the price target on Vericel Corporation (NASDAQ: VCEL) to $60.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "VCEL announced that the FDA approved its supplemental BLA filing for MACI Arthro. Management had been guiding to a 3Q approval, so we are encouraged to see an FDA decision within the expected timeline. This approval represents an expansion of the current MACI offering to include... More

BTIG Reiterates Buy Rating on Vericel Corporation (VCEL)

August 26, 2024 9:33 AM EDT

BTIG analyst Ryan Zimmerman reiterated a Buy rating and $55.00 price target on Vericel Corporation (NASDAQ: VCEL).

The analyst comments "This morning, VCEL announced the FDA approval of the BLA supplement for arthroscopic MACI. The MACI Arthro version provides for the same experience that has made MACI a... More