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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100