Leqembi® (lecanemab) Authorized for Early Alzheimer's Disease in Great Britain

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BMO Capital Reiterates Outperform Rating on Biogen (BIIB)

August 22, 2024 8:06 AM EDT

BMO Capital analyst Evan David Seigerman reiterated an Outperform rating and $260.00 price target on Biogen (NASDAQ: BIIB).

The analyst comments "Leqembi approval in Britain comes as a welcome surprise following negative CHMP opinion; however, use requires a negative ApoE4 homozygote genotype. Following the CHMP... More