2020-11-05 07:56:33 BIIB Biogen
11/05/20 11/0507:56 11/05/2007:56 | Biogen price target raised to $437 from $390 at Wells FargoWells Fargo analyst Jim Birchenough raised the firm's price target on Biogen to $437 from $390 and keeps an Overweight rating on the shares following further review of FDA briefing documents for Aducanumab in early Alzheimer's disease. The analyst also updated estimates to reflect potential Aducanumab launch in 2021. While FDA reviewers have offered divergent opinions on strength of Aducanumab data, between positive medical reviewer opinion and more critical statistical review, FDA appears biased toward approval and questions to PCNS panel members make outright rejection unlikely, Birchenough contends. |
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Sunnova Energy just downgraded at KeyBanc, here's why »
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Cohen & Steers raises $70M from at-the-market equity offering »
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Pinnacle Financial reports Q1 EPS $1.57, consensus $1.54 »
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XP Inc. just downgraded at Morgan Stanley, here's why »
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Fly Intel: After-Hours Movers »
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Overseas Shipholding awarded $3M United States Department of Energy grant »
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Banzai files to sell Class A common stock, warrants, no amount given
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Vivani Medical files $300M mixed securities shelf
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T2 Biosystems files to sell common stock and warrants, no amount given
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SmartFinancial reports Q1 operating EPS 49c, consensus 41c »
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iSun names Jeff Peck as new CEO, Rob Vanderbeek as interim CFO »
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DarioHealth files to sell 15.73M shares of common stock for holders
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