Biogen shares slide as Medicare proposal restricts coverage of Alzheimer's treatments

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BMO Capital Sees Upside for Biogen (BIIB) if We Get 'Serious Strategic Pivot'

January 13, 2022 1:26 PM EST

BMO Capital analyst Evan David Seigerman reiterated an Outperform rating and $290.00 price target on Biogen (NASDAQ: BIIB) following today's Q&A analyst call. The analyst sees upside potential for the stock if/when a serious strategic pivot is announced.

The analyst commented,... More