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BioMarin Pharmaceutical (BMRN) Receives a Buy from Canaccord Genuity

Tipranks - Sat Feb 14, 6:42AM CST

Canaccord Genuity analyst Whitney Ijem maintained a Buy rating on BioMarin Pharmaceutical yesterday and set a price target of $98.00.

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According to TipRanks, Ijem is a 5-star analyst with an average return of 21.2% and a 51.54% success rate. Ijem covers the Healthcare sector, focusing on stocks such as Palvella Therapeutics, Fractyl Health, Inc., and BioMarin Pharmaceutical.

BioMarin Pharmaceutical has an analyst consensus of Moderate Buy, with a price target consensus of $88.29.

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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