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Kamada initiated with a Buy at Benchmark

Kamada initiated with a Buy at Benchmark

Benchmark initiated coverage of Kamada (KMDA) with a Buy rating and $15 price target Kamada has expanded its specialty plasma-derived product line through acquisitions and organic growth over the past several years, the analyst tells investors. Benchmark expects an active R&D pipeline and recently opened plasma-collection facilities to continue to drive double digit revenue growth and expanding margins.

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