Baird Updates Mirum Pharmaceuticals (MIRM) Valuation Following Beat-and-Raise Earnings Results

Mirum Pharmaceuticals Inc. (NASDAQ:MIRM) is one of the best mid-cap growth stocks to buy right now. On January 13, Baird analyst Brian Skorney raised the firm’s price target on Mirum Pharmaceuticals to $95 from $81, while maintaining an Outperform rating. This revision came as the firm updated its valuation model after preliminary results delivered a beat-and-raise on earnings and guidance. The stronger-than-expected data provides a solid foundation heading into a high-activity year in 2026.

Furthermore, H.C. Wainwright raised its price target for Mirum Pharmaceuticals to $102 from $81 and maintained a Buy rating. The firm described the company’s preliminary financial results as impressive and noted bullish guidance for 2026.

Baird Updates Mirum Pharmaceuticals (MIRM) Valuation Following Beat-and-Raise Earnings Results

Earlier on December 19, Citizens raised the price target for Mirum Pharmaceuticals Inc. to $140 from $95 with an Outperform rating. The firm noted that Mirum has outperformed year-to-date and is expected to maintain its leadership position in 2026, fueled by several high-confidence pivotal readouts within its clinical pipeline.

Mirum Pharmaceuticals Inc. is a biopharmaceutical company that develops and commercializes novel therapies for debilitating rare and orphan diseases.

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This article is originally published at Insider Monkey.