Feb. 8 at 10:16 PM
$BIIB Biogen price target raised to
$207 from
$189 at BofA
BofA raised the firm's price target on Biogen to
$207 from
$189 and keeps a Neutral rating on the shares post the Q4 report. The firm attributes the post-earnings share rally to "clear positives" from the call, including "not as bad as feared erosion" of the multiple sclerosis franchise, the analyst tells investors in a research note.