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Cardiovascular Systems (CSII) Catches Eye: Stock Up 5.6%

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Cardiovascular Systems Inc. was a big mover last session, as the company saw its shares almost 6% on the day. The move came after the stock was upgraded to "outperform" from "market perform” by Leerink. This continues the recent uptrend for the company as the stock is now up almost 27% in the past one-month time frame.

In the last 30 days, the company has seen three upward and one downward estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for Cardiovascular Systems. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.      

Cardiovascular Systems currently holds a Zacks Rank #3 (Hold).

A better-ranked Medical Products stock is GW Pharmaceuticals plc , which sports a Zacks Rank #1 (Strong Buy).

Is CSII going up? Or down? Predict to see what others think: Up or Down

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