Stifel Maintains Buy on Biogen, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Paul Matteis maintains a Buy rating on Biogen (NASDAQ:BIIB) but lowers the price target from $324 to $320.
July 25, 2023 | 4:36 pm
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NEUTRAL IMPACT
Stifel analyst maintains a Buy rating on Biogen but lowers the price target from $324 to $320.
The news is directly about Biogen and is likely to influence investor sentiment. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100