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Biogen upgraded at JPMorgan with $300 PT on 2027 pipeline catalysts, shares rise (BIIB:NASDAQ)

View of leading global biotechnology company Biogen office exterior banner logo sign, Biotechnology industry

Veronique D

  • Biogen (BIIB) shares rose 2.1% in Monday’s premarket trading after JPMorgan upgraded the stock to overweight from neutral, citing an increasingly attractive pipeline of catalysts expected in 2027.
  • The brokerage set a PT of $300, which implies a 33% increase from last close.

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