Biogen +5% on BofA Price Target Hike Ahead of “Relatively Quiet” Q3
Key TakeawaysBiogen shares rose 5% today after BofA raised its price target to $244 from $219 and kept a Neutral rating. BofA’s new target is close to the $247 consensus target, which has climbed 43% over the past year as analysts try to keep up with the stock.
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