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Wolfe Research starts BioMarin at Outperform given its blockbuster with Voxzogo

Wolfe Research starts BioMarin at Outperform given its blockbuster with Voxzogo

Wolfe Research initiated coverage of BioMarin (BMRN) with an Outperform rating and $95 price target With limited downside risk following recent share pullback, a new management team, and robust growth potential for lead asset Voxzogo , along with its legacy Enzyme Replacement Therapy business, the firm contends that there’s a lot to like about shares at current levels, the analyst tells investors in a research note.

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