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Adma Biologics price target raised to $32 from $25 at Raymond James

Raymond James raised the firm’s price target on Adma Biologics (ADMA) to $32 from $25 and keeps a Strong Buy rating on the shares. Adma’s Q1 missed slightly from a non-recurring event and higher spend, but all the fundamentals are trending positively and 2025-2026 guidance was raised still with a lot of room for upside, the analyst tells investors in a research note. The firm adds that tariffs are “not an issue” for Adma.

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