Morgan Stanley Assigns Overweight Rating to BioMarin with $97 Price Target

Thursday, Jul 3, 2025 11:37 pm ET1min read

Morgan Stanley has initiated coverage of BioMarin with an Overweight rating and a price target of $97, down from $105. The analyst believes the stock's low price reflects risk to its Voxzogo franchise but also underappreciates the company's pipeline and potential opportunities in other patient populations.

Morgan Stanley Assigns Overweight Rating to BioMarin with $97 Price Target

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