Biogen Inc. (BIIB) Rating Increased to Overweight at Morgan Stanley

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15 October, 2017

The stock of Biogen Inc (NASDAQ:BIIB) earned "Market Perform" rating by BMO Capital Markets on Friday, July 24. BIIB's SI was 3.29M shares in October as released by FINRA. Biogen Inc now has $70.33B valuation.

In related news, EVP Susan H. Alexander sold 4,974 shares of Biogen stock in a transaction on Tuesday, July 25th. About 1.36 million shares traded or 4.62% up from the average. Ultrapar Participacoes SA (ADR) (NYSE:UGP) has risen 14.70% since October 13, 2016 and is uptrending. It has underperformed by 11.76% the S&P500. The Illinois-based Perritt Capital Management Inc has invested 0.36% in the stock. Inc. now owns 385 shares of the biotechnology company's stock worth $104,000 after buying an additional 50 shares during the last quarter. ValuEngine raised Biogen from a "hold" rating to a "buy" rating in a research report on Thursday, June 22nd. The stock increased 0.47% or $0.34 on October 13, reaching $72.81. About 1.36M shares traded or 4.62% up from the average. It has outperformed by 35.38% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.16, from 1.04 in 2017Q1. 78 funds opened positions while 277 raised stakes. Peregrine Asset Advisers has invested 0.21% in Xilinx, Inc. (NASDAQ:XLNX) for 2,535 shares. Clark Cap Management Group holds 0.01% or 926 shares in its portfolio. State Of Wisconsin Investment Board holds 213,506 shares or 0.19% of its portfolio. Gamco Et Al has 1,750 shares. Howard Hughes Institute invested in 1,150 shares. (NASDAQ:AAPL). Bridges Investment Management has 219,639 shares. Sadoff Mngmt Limited Com stated it has 253,251 shares or 0.91% of all its holdings. Aviva Public Lc, United Kingdom-based fund reported 156,933 shares. Winfield Associates Inc. now owns 467 shares of the biotechnology company's stock valued at $128,000 after acquiring an additional 67 shares during the last quarter. Botty Investors LLC now owns 11,232 shares of the biotechnology company's stock valued at $3,048,000 after acquiring an additional 4,812 shares during the last quarter. 66,790 were reported by Legacy Capital Inc. AT&T Inc. (NYSE:T) has declined 0.52% since October 14, 2016 and is downtrending.

Since May 8, 2017, it had 0 insider buys, and 8 sales for $4.90 million activity. Royal Bank Of Canada reaffirmed a "hold" rating and set a $315.00 price target on shares of Biogen in a research report on Thursday, October 5th. Shares for $1.86M were sold by Riccio Daniel J. on Tuesday, May 16. The stock was sold at an average price of $285.00, for a total value of $2,211,030.00. It improved, as 82 investors sold T shares while 619 reduced holdings. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D on Tuesday, May 9. (NASDAQ:XLNX) to report earnings on October, 25 after the close. They expect $1.87 earnings per share, up 11.98% or $0.20 from last year's $1.67 per share. Ifc Holding Fl reported 173,791 shares.

Diam Company Ltd increased Citrix Sys Inc (NASDAQ:CTXS) stake by 29,229 shares to 336,682 valued at $26.79 million in 2017Q2.

Among 47 analysts covering Apple Inc. Thirteen equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Therefore 77% are positive. (NASDAQ:AAPL) has "Overweight" rating given on Wednesday, April 27 by Piper Jaffray. (NASDAQ:AAPL) rating on Wednesday, April 27. The company's 50 day moving average price is $318.53 and its 200-day moving average price is $283.34. H.C. Wainwright maintained the stock with "Buy" rating in Wednesday, July 26 report. The firm has "Hold" rating given on Tuesday, July 11 by Jefferies. On Friday, December 18 the stock rating was initiated by Atlantic Securities with "Overweight". The rating was maintained by Nomura on Friday, July 14 with "Buy".

Since May 1, 2017, it had 1 insider purchase, and 1 sale for $102,593 activity. Posner Brian S sold $277,840 worth of stock.

Looking further out, over the past twelve months, Biogen Inc.'s stock was 24.51% and 19.46% over the last quarter and 23.20% for the past six months. "(BIIB) Is Climbing On Spinraza Data" on October 05, 2017. More interesting news about Biogen Inc (NASDAQ:BIIB) were released by: Finance.Yahoo.com and their article: "Is Biogen Inc. (BIIB) a Great Stock for Value Investors?" with publication date: September 25, 2017. BIIB's profit will be $1.19 billion for 15.05 P/E if the $5.61 EPS becomes a reality. The biotechnology company reported $5.04 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $4.36 by $0.68.

09/29/2017 - Biogen Idec Inc. had its "neutral" rating reiterated by analysts at Mizuho. Blair William Commerce Il stated it has 0.03% of its portfolio in Biogen Inc (NASDAQ:BIIB).

07/26/2017 - Biogen Idec Inc. had its "neutral" rating reiterated by analysts at UBS. Jefferies maintained Biogen Inc (NASDAQ:BIIB) on Monday, June 12 with "Hold" rating. The firm has "Sector Perform" rating by RBC Capital Markets given on Thursday, January 26. The company was maintained on Wednesday, June 14 by Morgan Stanley.


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