Biogen shares are trading lower after Needham and Truist Securities lowered their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Biogen shares are trading lower after Needham and Truist Securities lowered their respective price targets on the stock.
August 05, 2024 | 5:51 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Biogen shares are trading lower after Needham and Truist Securities lowered their respective price targets on the stock.
The lowering of price targets by two reputable firms, Needham and Truist Securities, is likely to negatively impact investor sentiment and lead to a short-term decline in Biogen's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100