First Berlin Equity Research Raises Pharming Group NV Price Target to €2.60

Reuters
2026.01.21 15:13
portai
I'm PortAI, I can summarize articles.

First Berlin Equity Research has raised the 12-month price target for Pharming Group NV from €2.40 to €2.60, maintaining a Buy recommendation. Analyst Simon Scholes noted a 27% increase in preliminary 2025 revenues to $376 million, exceeding company guidance. The report highlights upcoming clinical read-outs for leniolisib and the pivotal phase 2 study of KL1333, indicating a positive outlook for the company.