Biogen (BIIB) PT Lowered to $343 at Wells Fargo

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Go back to Biogen (BIIB) PT Lowered to $343 at Wells Fargo

Biogen (BIIB) PT Lowered to $290 at Oppenheimer on CRL for MDD

August 7, 2023 6:28 AM EDT

Oppenheimer analyst Jay Olson lowered the price target on Biogen (NASDAQ: BIIB) to $290.00 (from $360.00) while maintaining a Outperform rating.

The analyst commented, "The MDD CRL for zuranolone deals BIIB a major blow but not a knockout. We expected BIIB to bolster topline growth... More