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High-dose Spinraza approval, AMETHYST data drivers for Biogen, says BMO Capital

BMO Capital analyst Evan Seigerman says high-dose Spinraza approval and positive Phase 2 AMETHYST trial data are both “likely positive drivers” of Biogen (BIIB) shares. The firm has a Market Perform rating and $196 price target on Biogen shares, which are up $3.37, or 2%, to $187.21 in early Monday trading.

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