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Actionable news in BMRN: BioMarin Pharmaceutical Inc.,

BioMarin (BMRN) Stock is the 'Chart of the Day'

NEW YORK (TheStreet) -- BioMarin Pharmaceutical (BMRN - Get Report) stock is slumping by 0.53% to $88.87 in early-afternoon trading on Thursday.

BMO Markets initiated coverage of the stock with an "outperform" rating and $99 price target.

BioMarin is a Novato, Calif.-based company that develops and commercializes pharmaceuticals for serious diseases and medical conditions.

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