JP Morgan starts CeriBell coverage with 'overweight' rating
** Medical technology company CeriBell's CBLL.O shares up 2.4% to $26.87
** J.P. Morgan initiates CBLL coverage with "overweight" rating
** Brokerage says the company developed a portable hardware and AI-powered software to diagnose and monitor patients with non-convulsive seizures in the hospital setting
** J.P. Morgan adds CBLL operates in the highly under-penetrated acute care seizure market worth ~$3 billion, with room to expand into new clinical indications
** Brokerage sets PT at $32, a ~22% upside on stock's last close
** Including session's moves, CBLL's stock has gained ~15.6% since its Nasdaq debut in October
Reporting by Prakhar Srivastava in Bengaluru
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