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Thursday, January 10, 2019

BioMarin shares well positioned for upside, says Jefferies


After meeting with management, Jefferies analyst Eun Yang keeps a Buy rating on BioMarin with a $125 price target. With multiple clinical/regulatory catalysts in 2019, BioMarin is well positioned for upside, Yang tells investors in a research note. She believes the third-year durability data for valox in mid-2019 could potentially move the shares 20%.

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