Barclays Maintains Overweight on Biomarin Pharmaceutical, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gena Wang maintains an Overweight rating on Biomarin Pharmaceutical but lowers the price target from $110 to $86.
October 04, 2024 | 2:08 pm
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Barclays analyst Gena Wang maintains an Overweight rating on Biomarin Pharmaceutical but lowers the price target from $110 to $86.
The lowering of the price target from $110 to $86 by Barclays suggests a less optimistic outlook on Biomarin's stock performance, which could lead to a negative short-term impact on the stock price despite the maintained Overweight rating.
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