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BioMarin price target raised to $125 from $120 at Guggenheim
The Fly

BioMarin price target raised to $125 from $120 at Guggenheim

Guggenheim analyst Debjit Chattopadhyay raised the firm’s price target on BioMarin to $125 from $120 and keeps a Buy rating on the shares after the company reported Voxzogo FY22 revenue of about $169M, at the upper end of the guidance established in Q3, and also reiterated its commitment to GAAP profitability and unveiled preliminary clinical data on BMN255 and BMN331.

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