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Biogen Inc (BIIB) Coverage Initiated at Wells Fargo

2015-12-05 22:57:39| Biotech - Topix.net

The firm set an "outperform" rating on the biotechnology company's stock. Several other research analysts have also issued reports on BIIB.

Tags: coverage wells initiated fargo

 

Biogen Inc (BIIB) Rating Increased to Strong-Buy at Vetr Inc.

2015-12-04 08:27:19| Biotech - Topix.net

The brokerage presently has a $315.11 price target on the biotechnology company's stock. Vetr 's price objective points to a potential upside of 14.38% from the stock's current price.

Tags: inc rating increased biogen

 
 

Biogen to fire workers, restructure its R&D

2015-10-22 04:28:03| Biotech - Topix.net

Biogen Inc. will fire 11 percent of its workforce and shut down some research programs in order to put money behind existing drugs and what it sees as its best future bets. The company said the cuts to its workforce of about 8,000 people will save about $250 million a year.

Tags: fire rd workers restructure

 

AbbVie, Biogen, Gilead: Smart Money Got Burned Betting on Biotech in Q3

2015-10-20 17:42:28| Biotech - Topix.net

When it rains, it pours, and for big pharma, it certainly poured in the third quarter. With the third quarter over, let's take a closer look at the fundamentals of hedge fund hotels Pfizer Inc. , Gilead Sciences, Inc. , AbbVie Inc , Amgen, Inc. , and Biogen Inc and see how they did in the third quarter .

Tags: money smart biotech burned

 

A Biotech Beatdown From The Biogen Perspective

2015-10-11 02:43:30| Biotech - Topix.net

The company has a $1.2 billion war chest which it can use to buy another company, buy its own shares, or issue a small dividend. I believe the bar is set pretty low for the company for this third quarter and can potentially be a catalyst to drive the stock up in the near future.

Tags: perspective biotech biogen

 

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