Biogen (BIIB) Approves $5B Buyback

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Biogen (BIIB) PT Lowered to $300 at H.C. Wainwright

March 25, 2019 7:49 AM EDT

H.C. Wainwright analyst Andrew Fein lowered the price target on Biogen (NASDAQ: BIIB) to $300.00 (from $363.00) while maintaining a Buy rating following the discontinuation of Aducanumab. Despite limited details around the data, Fein thinks this development nevertheless points to the insufficiency in the current... More