BioMarin's (BMRN) Price Target Raised to $155 at RBC
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BioMarin (BMRN) PT Raised to $155 at UBS; Best Catalyst Path in Biotech
July 9, 2015 8:36 AM EDTUBS analyst Andrew Peters reiterated a Buy rating and boosted his price target on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) to $155.00 (from $136.00), saying it still has the best catalyst path in biotech.
"We are revising our BMRN model ahead of 2Q15 earnings and believe the stock continues to be well positioned ahead of the most robust catalyst path in biotech," Peters said. "Importantly, we have updated our model to reflect a more bullish outlook on BMN-111 in achondroplasia following positive data last month as well as an improved view on... More
