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BioMarin Pharmaceutical (BMRN) Gets a Buy from Jefferies

Tipranks - Fri Feb 13, 9:06AM CST

In a report released today, Akash Tewari from Jefferies maintained a Buy rating on BioMarin Pharmaceutical, with a price target of $113.00.

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Tewari covers the Healthcare sector, focusing on stocks such as Neurocrine, Argenx Se, and Alkermes. According to TipRanks, Tewari has an average return of 13.4% and a 56.55% success rate on recommended stocks.

In a report released on February 6, Piper Sandler also maintained a Buy rating on the stock with a $84.00 price target.

Based on BioMarin Pharmaceutical’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $776.13 million and a GAAP net loss of $30.74 million. In comparison, last year the company earned a revenue of $745.74 million and had a net profit of $106.08 million

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