Biogen Reports Quarterly Revenues of $3.1 Billion

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Biogen (BIIB) PT Lowered to $311 at RBC Capital

April 25, 2018 7:43 AM EDT

RBC Capital lowered its price target on Biogen (NASDAQ: BIIB) to $311.00 (from $316.00) while maintaining a Sector Perform rating.

Analyst Brian Abrahams said Q1 softness stems from Spinraza and seasonality.

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Biogen (BIIB) PT Lowered to $375 at Oppenheimer

April 25, 2018 7:15 AM EDT

Oppenheimer lowered its price target on Biogen (NASDAQ: BIIB) to $375.00 (from $400.00) while maintaining a Outperform rating.

Analyst Jay Olson commented, "A solid 1Q update addressed investor concerns on multiple fronts with decent financial results featuring an EPS beat of $6.05 vs $5.93E consensus and... More

Piper Jaffray Remains Bullish on Biogen (BIIB) Following 1Q

April 24, 2018 8:48 AM EDT

Piper Jaffray reiterated an Overweight rating and $407.00 price target on Biogen (NASDAQ: BIIB) following the company's 1Q earnings report. BIIB posted total revenue of $3,131M, missing consensus $3,152M but beating Piper Jaffray's $3,080M estimate. Non-GAAP EPS of $6.05 easily beat consensus $5.93.

BIIB's anti-CD20... More