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Stock impact report

Cantor Fitzgerald Downgrades ADMA Biologics Inc. (ADMA) to Neutral From Overweight [Yahoo! Finance]

ADMA Biologics Inc (ADMA) 
Last adma biologics inc earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.admabiologics.com
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:ADMA) to Neutral from Overweight on March 26, without assigning a price target. The firm stated that it spoke with a number of investors after a short report's claim that ADMA Biologics Inc. (NASDAQ:ADMA) is boosting Asceniv revenues through channel stuffing, and stated that investors are disappointed over the company's response and lack of direct communication after the report. The firm further contended that although the company put out a statement, they were “hoping to have more specific feedback addressing the direct claims in the report”. The firm also cited the lack of clarity and concerns associated with the increased days' sales outstanding and accounts receivable for the downgrade. ADMA Biologics (ADMA) Drops 14.7% W/W as 3 Execs Unload Portfolios ADMA Biologics Inc. (NASDAQ:ADMA) issued a statement refuting the allegations by Culper Research on March 27, calling them “unsubstantiated, misleading, and inaccurate”. The company did so to “alleviate confusion in Show less Read more
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