BofA lowered the firm’s price target on BioMarin to $130 from $150 and keeps a Buy rating on the shares following a Q4 report that the firm says was in-line with expectations. The firm still views Roctavian’s clinical profile as “impressive,” but given commercial hurdles both in the U.S. and EU, it has lowered its 2024-2026 forecasts, the analyst tells investors.
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