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06:08 EDTBMRN
theflyonthewall.com: BioMarin upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded BioMarin following the Q3 report and guidance. Target to $25 from $19. :theflyonthewall.com



News For BMRN From The Last 14 Days
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February 9, 2010
09:00 EDTBMRN
theflyonthewall.com: On The Fly: Analysts Upgrade Summary
MOST NOTEWORTHY: Prosperity Bancshares (PRSP), Fortinet (FTNT) and Lamart Advertising (LAMR) were today's noteworthy upgrades: B. Riley upgraded Prosperity Bancshares to Buy from Neutral after the company acquired 19 Texas branches of Missouri-based First Bank. The firm has a $45 price target on shares. JP Morgan upgraded Fortinet to Overweight from Neutral on valuation following the recent pullback in shares. The firm has a $20 price target on the stock. Wells Fargo upgraded Lamar Advertising to Outperform from Market Perform. The firm believes the stock's risk/reward ratio is compelling, as its checks indicate that advertising continues to accelerate in Q1...OTHER UPGRADES: Caterpillar (CAT) was upgraded to Overweight from Underweight at Morgan Stanley. SAP AG (SAP) was upgraded to Market Perform from Underperform at FBR Capital. BioMarin (BMRN) was raised to Buy from Hold at Roth Capital. :theflyonthewall.com
06:27 EDTBMRN
theflyonthewall.com: BioMarin upgraded to Buy from Hold at Roth Capital

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February 8, 2010
08:38 EDTBMRN
theflyonthewall.com: BioMarin downgraded to Hold from Buy at Brean Murray
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February 5, 2010
11:57 EDTBMRN
theflyonthewall.com: Leerink's Biotech Analysts to hold a conference call

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February 4, 2010
16:40 EDTBMRN
theflyonthewall.com: BioMarin provides update on the Phase I/II trial for BMN 110
BioMarin Pharmaceutical announced an update on the Phase I/II trial for BMN 110 or N-acetylgalactosamine 6-sulfatase (GALNS), intended for the treatment of the lysosomal storage disorder Mucopolysaccharidosis Type IVA, or Morquio A Syndrome. Preliminary clinical data from the first 24 weeks of the study have been evaluated, and BioMarin plans to announce top-line results for the full 36-week study after completion of dosing at 2.0 mg/kg in the second quarter of 2010. Key Observations: Keratan sulfate (KS) levels fall within a few weeks after the start of therapy. Improvements in 6-minute walk distance and 3-minute stair climb at 24 weeks are consistent with those observed with clinical studies for MPS I, MPS II, and MPS VI. The frequency and severity of infusion reactions appear comparable to those observed with Naglagyme and Aldurazyme. :theflyonthewall.com
16:28 EDTBMRN
theflyonthewall.com: BioMarin CEO comments on FY10

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16:27 EDTBMRN
theflyonthewall.com: BioMarin sees FY10 revenue $374M-$405M vs. consensus of $398.27M
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16:06 EDTBMRN
theflyonthewall.com: BioMarin to acquire LEAD Therapeutics

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February 1, 2010
07:54 EDTBMRN
theflyonthewall.com: BioMarin target raised to $23 from $20 at Jefferies
Jefferies believes BioMarin's GALNS and PEG-PAL programs are not being fully reflected in the stock's valuation. The firm raised its target on shares and reiterates a Buy rating on the stock. :theflyonthewall.com