Lisanti Capital Growth LLC acquired a new stake in shares of RA Medical Systems Inc (NYSE:RMED) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 59,235 shares of the company’s stock, valued at approximately $1,078,000.

Separately, Rockefeller Capital Management L.P. bought a new stake in RA Medical Systems during the third quarter worth $120,000.

Several equities research analysts recently issued reports on RMED shares. SunTrust Banks started coverage on RA Medical Systems in a report on Monday, October 22nd. They set a “buy” rating and a $16.00 price target for the company. Cantor Fitzgerald started coverage on RA Medical Systems in a report on Monday, October 22nd. They set an “overweight” rating and a $21.00 price target for the company. Piper Jaffray Companies started coverage on RA Medical Systems in a report on Monday, October 22nd. They set an “overweight” rating and a $23.00 price target for the company. Finally, Maxim Group started coverage on RA Medical Systems in a report on Friday, November 2nd. They set a “buy” rating and a $23.00 price target for the company.

Shares of RA Medical Systems stock opened at $8.91 on Friday. RA Medical Systems Inc has a 12-month low of $8.29 and a 12-month high of $22.00.

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RA Medical Systems Company Profile

Ra Medical Systems, Inc, a commercial-stage medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological diseases. The company offers DABRA (destruction of arteriosclerotic blockages by laser radiation ablation), a minimally-invasive excimer laser and disposable catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease.

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