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midastouch017

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midastouch017

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Thursday, 08/03/2017 8:38:58 AM

Thursday, August 03, 2017 8:38:58 AM

Post# of 190
Kamada Ltd. (KMDA) PT Lowered to $7 at Jefferies

Jefferies lowered its price target on Kamada Ltd. (NASDAQ: KMDA) to $7.00 (from $9.00) while maintaining a Buy rating. KMDA posted a strong 2Q. Also, full-year sales guidance of $100mn was maintained and is well supported by Glassia IV sales to Shire.

The shift to Shire will reduce Glassia IV rev. to a double digit royalty on end market sales. Through 2020, model revenue growth in the 20-25% range, supported by IV and Rabies, but it will drop significantly in 2021.


https://www.streetinsider.com/Analyst+Comments/Kamada+Ltd.+%28KMDA%29+PT+Lowered+to+%247+at
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