Barclays Maintains Overweight on Biomarin Pharmaceutical, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gena Wang has maintained an Overweight rating on Biomarin Pharmaceutical (NASDAQ:BMRN) but lowered the price target from $125 to $111.
November 02, 2023 | 2:59 pm
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Barclays has maintained an Overweight rating on Biomarin Pharmaceutical but lowered the price target from $125 to $111.
The news is directly about Biomarin Pharmaceutical. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
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