November 27, 2013 7:50 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In a report published Tuesday, Piper Jaffray analyst Joshua Schimmer resumed coverage on BioMarin Pharmaceuticals (NASDAQ: BMRN) with an Overweight rating and set a price target of $87.00.In the report, Piper Jaffray says "We are resuming coverage of BMRN with an Overweight rating and $87 PT. The company's attractive pipeline continues to march forward as Vimizim is expected to launch in 2014 (PDUFA Feb 28th). PEG-PAL (for PKU), BMN-763 (for germline BRCA breast cancer) and BMN-701(for Pompe) are all in or entering Phase III and are steadily making their way into consensus estimates. But one product stands out to us still as conceptually de-risked and likely to become clinically de-risked by the end of 2014, namely BMN-111 for achondroplastic dwarfism. We believe the existing data from preclinical models with bridging human genetic observations make this program highly likely to succeed. We believe this program can add $1B of high-margin revenue to BMRN's portfolio by addressing an important unmet need."BioMarin closed on Tuesday at $70.53.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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