Wedbush Maintains Neutral on Biogen, Lowers Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico maintains a Neutral rating on Biogen (NASDAQ:BIIB) and lowers the price target from $270 to $266.

October 26, 2023 | 1:06 pm
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NEUTRAL IMPACT
Wedbush has maintained a Neutral rating on Biogen and lowered the price target from $270 to $266.
The news is directly about Biogen and is likely to influence investor sentiment. The lowering of the price target may be seen as a negative signal, but the maintenance of the Neutral rating suggests that the overall outlook for the company remains stable. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100