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Increased sales guidance and positive analyst sentiment can drive stock prices up, similar to past trends after product approvals and positive forecasts.
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CRMD's LDO customer begins orders; implementation set for 2025. DefenCath's target patient base to grow by 50%; potential for more expansion. Second-quarter net sales guidance increased to $35-$40 million. HC Wainwright initiated coverage with a Buy rating and $20 price target. CRMD anticipates long-term revenue growth despite initial uncertainty.
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