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Stock impact report

Here is Why BioMarin (BMRN) is Projected to Rally [Yahoo! Finance]

BioMarin Pharmaceutical Inc. (BMRN) 
Last biomarin pharmaceutical inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.biomarin.com
Company Research Source: Yahoo! Finance
On March 11, Bank of America Securities reduced its price target on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) from $97 to $85. The firm maintained a Buy rating on the stock, which now yields an adjusted upside of almost 54% despite the downward revision. Likoper/Shutterstock.com The firm stated that more cautious assumptions in the Voxzogo-franchise tail caused it to lower its outlook for the pro-forma entity. This comes prior to the conclusion of BioMarin's acquisition of Amicus Therapeutics Inc. (NASDAQ:FOLD), scheduled during the second quarter. Back on February 26, Whitney Ijem from Canaccord Genuity maintained her Buy rating on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN). The analyst also increased her price target from $98 to $104, leading to an upside potential of 88% at the prevailing level. Ijem noted that the company's fourth-quarter results included a slight top-line beat but were otherwise uneventful. This followed the announcement around the company's acquisition Show less Read more
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