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BMO Upgraded Biogen (BIIB) Earlier Following Positive Data on BG-12

October 26, 2011 3:12 PM EDT
Get Alerts BIIB Hot Sheet
Price: $111.49 +0.69%

Rating Summary:
    12 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Shares of Biogen (NASDAQ: BIIB) were upgraded from Underperform to Market Perform at BMO Capital early this morning following news the company's BG-12 trial met the primary endpoint in two Phase II trials. The firm's price target was raised from $74 to $112.

Biogen shares are up more than 10 percent this afternoon.

For more ratings news on Biogen click here and for the rating history of Biogen click here.


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