Loading...
Loading...
Deutsche Bank maintained BioMarin Pharmaceuticals
BMRN with a Hold rating and raises the price target from $45.00 to $59.00.
Deutsche Bank analyst Robyn Karnauskas wrote, "Increasing chance of success for BMN-701 for Pompe as company announces regulatory path forward. We conducted a deep-dive (report 2/15/13) on the PARP space & are updating the model to reflect research. We also are adding value for BMN-673 ahead of ASCO
meeting in June '13 where we expect positive data. Mgmt has reviewed clinical guidance docs & have a validation plan with regulators. It includes 1) relationship to between other outcomes that are easily recognizable 2) supportive information that shows relationship."
BioMarin Pharmaceuticals closed at $60.80 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in