Wedbush Maintains Neutral on Biogen, Lowers Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico maintains a Neutral rating on Biogen (NASDAQ:BIIB) and lowers the price target from $210 to $205.
September 23, 2024 | 1:53 pm
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Wedbush analyst Laura Chico maintains a Neutral rating on Biogen and lowers the price target from $210 to $205, indicating a slightly bearish outlook.
The lowering of the price target from $210 to $205 by Wedbush suggests a slightly bearish sentiment towards Biogen's stock. Maintaining a Neutral rating indicates no strong buy or sell recommendation, but the reduced target price may lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100