Baird Upgrades Biogen to Outperform, Raises Price Target to $340

Baird analyst Brian Skorney upgrades Biogen (NASDAQ:BIIB) from Neutral to Outperform and raises the price target from $224 to $340.

Baird analyst Brian Skorney upgrades Biogen (NASDAQ:BIIB) from Neutral to Outperform and raises the price target from $224 to $340.

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The CNN Money Fear and Greed index showed some easing in the fear level among US investors after US stocks closed higher on Thursday. US stocks recorded gains after data from the Labor Department showed a rise in jobless claims from last week. US initial jobless claims increased by 9,000 to 225,000 in the week ending December 24, compared to market expectations of 225,000.

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