TD Cowen lowered the firm’s price target on Biogen (BIIB) to $200 from $275 and keeps a Buy rating on the shares. The firm reported a Q4 revenue and EPS beat but unfortunately 2025 guidance calling for a mid-single-digit revenue decline is below consensus.
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Read More on BIIB:
- Biogen price target lowered to $157 from $192 at Morgan Stanley
- Biogen (BIIB) Q4 Results Make Analysts Feel Poorly About its Prospects
- Biogen price target lowered to $241 from $300 at H.C. Wainwright
- Cautious Outlook on Biogen Amid Declining MS Revenues and Uncertain Growth Prospects
- Biogen price target lowered to $265 from $298 at Canaccord
