UBS keeps Biogen at Buy and raises price target to $300 from $270
According to TradingView, UBS maintained its Buy rating on Biogen and lifted its price target by 11.1%, from $270 to $300, versus the Oct 28 close of $244.05.
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what happened
UBS analysts kept their Buy rating on Biogen shares and raised the price target from $270 to $300, an increase of 11.1%. TradingView, citing data from Benzinga, reports that the new target implies 22.9% upside from the Oct 28 closing price of $244.05.
The same source lists five recent analyst notes published over the past 30 days. TD Cowen and Truist Securities reiterated Buy with a $260 target, Baird kept an Outperform rating with a $290 target, Needham maintained Buy at $290, and Wedbush held Neutral at $225. In this sample, price targets range from $225 to $290.
why it matters
Analyst price targets do not directly reflect changes in a company's financial results, so market reactions to such revisions are usually moderate. The spread from $225 to $290 shows that opinions on the stock differ, and investors typically weigh company filings and news alongside analyst views.
tags
instruments
sources
- UBS maintains Chemed at Buy, raises price target to $675 from $650 — TradingView, 29 October 2026 at 16:21 UTC
- UBS maintains Biogen at Buy, raises price target to $300 from $270 — TradingView, 29 October 2026 at 16:18 UTC
- UBS maintains Carvana at Buy, raises price target to $84 from $83 — TradingView, 29 October 2026 at 16:24 UTC
- UBS maintains The Chefs' Warehouse at Buy, raises price target to $135 from $125 — TradingView, 29 October 2026 at 16:22 UTC
- UBS maintains Gerdau at Buy, raises price target to $6.40 from $6.10 — TradingView, 29 October 2026 at 16:38 UTC
- UBS maintains Ensign Group at Buy, raises price target to $240 from $230 — TradingView, 29 October 2026 at 16:34 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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