RBC Capital Reiterates Outperform on Biogen, Maintains $364 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams has reiterated an Outperform rating on Biogen (NASDAQ:BIIB) and maintained a price target of $364.

March 05, 2024 | 2:50 pm
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RBC Capital maintains an Outperform rating on Biogen with a $364 price target.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Brian Abrahams from RBC Capital is likely to instill confidence among investors and could positively influence Biogen's stock price in the short term. The specific mention of a $364 price target suggests a strong bullish outlook on the stock, which could lead to increased investor interest and potentially drive the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100