Stifel reiterates Kamada stock Buy rating on biosimilar expansion
Stifel reiterated a Buy rating and $11.00 price target on Kamada (KMDA), citing two new biosimilar launches. The stock has declined 8% in a week but the target implies 38% upside. Kamada plans to launch more biosimilars, aiming for $20M-$25M in sales by 2030. The company also secured a $50M plasma supply deal and presented positive CYTOGAM study results.


