Truist Securities Reiterates Buy on Biogen, Maintains $340 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Robyn Karnauskas has reiterated a Buy rating on Biogen (NASDAQ:BIIB) and maintained a $340 price target.
March 25, 2024 | 4:07 pm
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Truist Securities reaffirms a Buy rating on Biogen with a $340 price target.
The reiteration of a Buy rating and maintenance of a $340 price target by a reputable analyst like Robyn Karnauskas from Truist Securities could instill confidence among investors and potentially lead to a positive short-term impact on Biogen's stock price. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can lead to increased investor interest and potentially higher stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100