News Focus
News Focus
icon url

uranium-pinto-beans

02/07/17 6:57 AM

#308683 RE: uranium-pinto-beans #308681

$biib Biogen upgraded to Buy from Neutral at Citi
Citi analyst Robyn Karnauskas upgraded Biogen to Buy with an increased price target of $305. The stock closed yesterday up 24c to $264.91. With the Alzheimer's Phase 2 data already reported and no Phase 3 results until 2019/20, upside in the stock rests on the stability of Biogen's multiple sclerosis business and success of the Spinraza launch in spinal muscular atrophy, Karnauskas tells investors in a research note. Her firm's proprietary survey suggests upside to Spinraza estimates. Further, the analyst's "deep dive" analysis suggests longer term estimates for Biogen's MS business are fair to conservative