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BMRN

BioMarin

$89.64

-0.6 (-0.66%)

08:52
01/18/18
01/18
08:52
01/18/18
08:52

BioMarin assumed with an Outperform at Credit Suisse

Credit Suisse analyst Martin Auster assumed coverage of BioMarin with an Outperform rating and $113 price target, pointing to 2018 and 2019 catalysts that include the May 2018 PDUFA for pegvaliase, the emergence of its valrox gene therapy for hemophilia and progress with vosoritide.

  • 28

    Feb

  • 25

    May

BMRN BioMarin
$89.64

-0.6 (-0.66%)

12/18/17
MSCO
12/18/17
NO CHANGE
MSCO
Morgan Stanley sees opportunities in biotech amid 'limited' investor conviction
With clinical catalysts in large-cap Biotechnology limited to only five key Phase III readouts - three of which are from Alexion (ALXN) - investors are describing their 2018 picks in the space as the "least worst" of the group, according to Morgan Stanley analyst Matthew Harrison. However, he believes this lack of conviction creates real opportunity for outsized moves in 2018, with Amgen (AMGN) identified by Harrison as the biggest potential beneficiary of M&A given "its likely newfound access" to about $39B in offshore cash. Other biotech names the analyst highlights on the up side include Biogen (BIIB), BioMarin (BMRN), Biohaven (BHVN) and Sarepta (SRPT). Meanwhile, Harrison highlights his concerns about potential downside for BioVerativ (BIVV) and Innoviva (INVA), on both of which he keeps Underweight ratings.
12/18/17
SBSH
12/18/17
NO CHANGE
SBSH
Citi downgrades stance on large-cap Biotechnology to Neutral
Citi analyst Robyn Karnauskas downgraded her view on the large-cap Biotechnology sector to Neutral heading into 2018. The negative sentiment on the space may not change in the near term as valuations are not cheap and there are few catalysts in 2018, Karnauskas tells investors in a research note. Valuations in the group do not appear cheap when you look at the growth profile of large-cap biotech versus the broader market, the analyst contends. She believes the "only way out for the sector is innovation," and prefers to move to the sidelines "until we see something there." Where Karnauskas does see upside in 2018 is in shares of Alexion (ALXN), BioMarin (BMRN), Vertex (VRTX) and Tesaro (TSRO).
12/15/17
12/15/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Foot Locker (FL) upgraded to Buy from Hold by Canaccord analyst Camilo Lyon, who believes the company is approaching the end of the inventory clearance cycle it has been in for the past three quarters and that the company's relationship with Nike (NKE) is "strong and symbiotic." 2. Stifel analyst Jim Duffy upgraded Under Armour (UAA) to Buy from Hold, saying he expects the company's business to be in a much better position entering 2019 and for the stock to begin to anticipate improvements before it shows in reported results. 3. Argus analyst John Staszak upgraded Skechers (SKX) to Buy from Hold with a price target of $44, citing signs that a recovery in the company's domestic wholesale business has commenced. 4. Goldman analyst Robert Jones upgraded AmerisourceBergen (ABC) to Buy from Neutral, telling investors he believes an EBIT inflection in FY18 is coming. 5. Goldman Sachs analyst Jami Rubin added BioMarin (BMRN) and Alnylam (ALNY) to the firm's Conviction Buy List, upgrading them both from Buy. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/15/17
GSCO
12/15/17
UPGRADE
Target $131
GSCO
Conviction Buy
BioMarin upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Jami Rubin added BioMarin to the Conviction Buy List saying shares are poised to recover. Rubin expects BioMarin shares to be driven by an increasing base business of six orphan drugs driving FY17 guidance of $1.25B-$1.3B and peak sales of $2.4B in 2026, the broad pipeline with three pivotal programs that can contribute $2.8B in peak sales in 2026 and early programs not reflected in projections, non-GAAP profitability by year-end 2017, and an attractive M&A profile. The analyst has a $131 price target on BioMarin shares.

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$304,020.01

2616.01 (0.87%)

, BRK.B

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Twitter

$32.66

0.55 (1.71%)

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AAPL

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VLKAY

Volkswagen

$40.98

0.09 (0.22%)

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DAL

Delta Air Lines

$53.46

0.91 (1.73%)

, UAL

United Continental

$67.57

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Delta Air Lines

$53.46

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UAL

United Continental

$67.57

0.87 (1.30%)

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Berkshire Hathaway

$304,020.01

2616.01 (0.87%)

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Berkshire Hathaway

$304,020.01

2616.01 (0.87%)

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Berkshire Hathaway

$202.76

2.03 (1.01%)

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TWX

Time Warner

$94.70

0.33 (0.35%)

, T

AT&T

$36.72

0.25 (0.69%)

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TWX

Time Warner

$94.70

0.33 (0.35%)

T

AT&T

$36.72

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JKHY

Jack Henry

$121.95

1.79 (1.49%)

12:59
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12:59
Conference/Events
Jack Henry management to meet with Stephens »

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PFBC

Preferred Bank

$64.05

0.86 (1.36%)

12:52
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Conference/Events
Preferred Bank management to meet with Stephens »

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R

Ryder

$74.54

0.19 (0.26%)

12:47
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ASPU

Aspen Group

$8.85

1.48 (20.08%)

12:29
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TWTR

Twitter

$32.66

0.55 (1.71%)

, AOBC

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$10.00

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AOBC

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Sturm, Ruger

$49.90

0.9 (1.84%)

X

U.S. Steel

$43.52

0.54 (1.26%)

STLD

Steel Dynamics

$47.47

-0.53 (-1.10%)

NUE

Nucor

$66.94

-0.01 (-0.01%)

AKS

AK Steel

$5.50

-0.12 (-2.14%)

AET

Aetna

$175.55

0.49 (0.28%)

ANTM

Anthem

$235.24

1.56 (0.67%)

CNC

Centene

$100.45

0.96 (0.96%)

CI

Cigna

$194.79

2.89 (1.51%)

HNT

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HUM

Humana

$271.19

3.38 (1.26%)

MOH

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$72.94

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UNH

UnitedHealth

$230.16

3.07 (1.35%)

WCG

WellCare

$192.05

0.03 (0.02%)

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DBX

Dropbox

, SNAP

Snap

$17.45

-0.06 (-0.34%)

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DBX

Dropbox

SNAP

Snap

$17.45

-0.06 (-0.34%)

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IPG

Interpublic Group

$24.24

0.3 (1.25%)

, OMC

Omnicom

$77.31

0.52 (0.68%)

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IPG

Interpublic Group

$24.24

0.3 (1.25%)

OMC

Omnicom

$77.31

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PUBGY

Publicis

$18.82

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WPP

WPP

$95.30

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MSFT

Microsoft

$94.06

2.33 (2.54%)

, INTC

Intel

$47.73

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MSFT

Microsoft

$94.06

2.33 (2.54%)

INTC

Intel

$47.73

1.93 (4.21%)

NVDA

Nvidia

$245.93

3.78 (1.56%)

MU

Micron

$46.53

2.28 (5.15%)

GOOG

Alphabet

$1,126.79

20.16 (1.82%)

GOOGL

Alphabet Class A

$1,128.09

18.19 (1.64%)

AMZN

Amazon.com

$1,500.00

14.66 (0.99%)

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AMZN

Amazon.com

$1,500.00

14.66 (0.99%)

09:26
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BHGE

Baker Hughes

$28.03

-0.01 (-0.04%)

04:55
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Conference/Events
Baker Hughes management to meet with UBS »

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GE

General Electric

$14.49

-0.01 (-0.07%)

18:49
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BEDU

Bright Scholar

$20.15

0.34 (1.72%)

18:30
02/23/18
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18:30
Syndicate
Bright Scholar files to sell 10M American Depositary Shares »

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JNJ

Johnson & Johnson

$132.02

2.11 (1.62%)

, CMD

Cantel Medical

$115.34

2.45 (2.17%)

18:03
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Cantel Medical (CMD) and…

JNJ

Johnson & Johnson

$132.02

2.11 (1.62%)

CMD

Cantel Medical

$115.34

2.45 (2.17%)

MDT

Medtronic

$80.39

-0.02 (-0.02%)

KKR

KKR

$21.96

0.18 (0.83%)

CG

Carlyle Group

$23.15

-0.1 (-0.43%)

MMM

3M

$237.02

1.02 (0.43%)

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AET

Aetna

$175.55

0.49 (0.28%)

, CVS

CVS Health

$68.16

0.16 (0.24%)

18:00
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Aetna: CVS deal part of long-term solution toward value-based system »

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AET

Aetna

$175.55

0.49 (0.28%)

CVS

CVS Health

$68.16

0.16 (0.24%)

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MYND

MYnd Analytics

$2.60

0.0301 (1.17%)

17:56
02/23/18
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17:56
Syndicate
Breaking Syndicate news story on MYnd Analytics »

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MYND

MYnd Analytics

$2.60

0.0301 (1.17%)

17:55
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Syndicate
Breaking Syndicate news story on MYnd Analytics »

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