DefenCath’s Strong Clinical and Economic Profile Underpins Buy Rating Despite Anticipated 2026 Pricing Headwinds

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2025.12.18 16:25
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Analyst Serge Belanger from Needham maintains a Buy rating on Cormedix with a $16.00 price target, citing DefenCath's strong clinical and economic profile. Real-world evidence shows significant reductions in catheter-related infections, mirroring Phase 3 trial results, and suggests potential healthcare savings. Despite anticipated 2026 pricing challenges, Belanger believes increased utilization and proven benefits will support a favorable long-term risk-reward profile for the stock.