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Pre-Open Stock Movers 08/07: (TRUE) (GRPN) (STMP) Higher; (AYX) (DDOG) (ILMN) Lower (more...)

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Biogen (BIIB) Well Positioned After FDA Grants Priority Review - Canaccord Genuity

August 7, 2020 12:27 PM EDT

Canaccord Genuity analyst Sumant Kulkarni reiterated a Buy rating and $350.00 price target on Biogen (NASDAQ: BIIB), citing the FDA granting priority review for aducanumab, the ex-adu pipeline, financial flexibility, and valuation.

The analyst stated "Given the freshness of the news,... More