Oppenheimer Maintains Outperform on Biogen, Raises Price Target to $360
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Jay Olson maintains an Outperform rating on Biogen (NASDAQ:BIIB) and raises the price target from $350 to $360.

June 12, 2023 | 12:29 pm
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POSITIVE IMPACT
Oppenheimer analyst Jay Olson maintains an Outperform rating on Biogen and raises the price target from $350 to $360.
The news of Oppenheimer maintaining an Outperform rating on Biogen and raising the price target from $350 to $360 is positive for the company. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to an increase in investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100