RBC Capital Maintains Outperform on Biogen, Lowers Price Target to $354
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams has maintained an 'Outperform' rating on Biogen (NASDAQ:BIIB) but lowered the price target from $374 to $354.
August 07, 2023 | 4:25 pm
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RBC Capital has maintained an 'Outperform' rating on Biogen but lowered the price target from $374 to $354.
The news is directly related to Biogen and is likely to influence investor sentiment. While the 'Outperform' rating is maintained, the lowering of the price target might indicate a potential downside, which could impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100