Cantor Fitzgerald Maintains Overweight on Biomarin Pharmaceutical, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained an Overweight rating on Biomarin Pharmaceutical but lowered the price target from $110 to $90.
October 30, 2024 | 5:15 pm
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Cantor Fitzgerald has maintained an Overweight rating on Biomarin Pharmaceutical but lowered the price target from $110 to $90.
The lowering of the price target from $110 to $90 by Cantor Fitzgerald suggests a less optimistic outlook on Biomarin's stock performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the company's long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100