Strategic Developments and Financial Projections Justify Buy Rating for Rockwell Medical
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Analyst Ram Selvaraju from H.C. Wainwright reiterated a Buy rating for Rockwell Medical, setting a $2.50 price target. Despite recent revenue shortfalls, the company maintains full-year guidance, indicating stability. New purchasing agreements and product diversification are expected to improve margins. Risks include market traction and partnership challenges, but strategic contracts and financial outlook support the Buy rating.
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