BioMarin Announces Second Quarter 2015 Financial Results and Company Update

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Wedbush Raises Price Target on BioMarin Pharma (BMRN) to $139 Following 2Q Results

August 5, 2015 6:44 AM EDT

Wedbush reiterated a Neutral rating on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), and raised the price target to $139.00 (from $130.00), following Q2 earnings. Q2 revenues of $250.5MM beat consensus ($218.2MM). GAAP-EPS of $(0.55) was below consensus of $(0.53) due to high Op-Ex.

Analyst Liana Moussatos commented, "Q2... More

Piper Jaffray Raises Price Target on BioMarin Pharma (BMRN) to $168 Following 2Q Results

August 4, 2015 8:41 AM EDT

Piper Jaffray reiterated an Overweight rating on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), and raised the price target to $168.00 (from $163.00), following 2Q15 earnings results. Analyst Joshua Schimmer said that the results beat top and bottom line driven primarily by lumpy Naglazyme purchasing and reiterated... More

BioMarin (BMRN) PT Raised to $173 at Nomura; Increasingly Confident on Drisapersen

August 4, 2015 7:24 AM EDT

Nomura Securities analyst M. Ian Somaiya reiterated a Buy rating and lifted his price target on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) to $173.00 (from $163.00) following Q2 results, saying they are increasingly confident on Drisapersen.

Somaiya commented, "We are raising our BMRN TP to $173 from $163 following 2Q earnings which... More

BioMarin Pharma (BMRN) Tops Q2 EPS by 2c, FY Guidance Unchanged

August 3, 2015 4:04 PM EDT

BioMarin Pharma (NASDAQ: BMRN) reported Q2 EPS of ($0.51), $0.02 better than the analyst estimate of ($0.53). Revenue for the quarter came in at $250 million versus the consensus estimate of $218.16 million.

Total Revenue Growth... More