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Fly News Breaks for May 27, 2015
BMRN
May 27, 2015 | 06:30 EDT
JPMorgan analyst Cory Kasimov raised his price target for BioMarin shares to $140 from $125 and reiterates an Overweight rating on the stock ahead of data for BMN-111 in dwarfism later on in Q2 and other pipeline catalysts this year. Kasimov sees potential for "material" share upside despite the 41% rally year-to-date and says BioMarin remains one of his top picks. The stock closed yesterday down 8c to $127.11.
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