Is Biogen Inc. (BIIB) A Cheap NASDAQ Stock To Invest In Now? [Yahoo! Finance]
Biogen Inc. (BIIB)
Last biogen inc. earnings: 4/22 07:12 am
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US:NASDAQ Investor Relations:
biogen.com/en_us/investors.html
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Source: Yahoo! Finance
The stock market has been following an uptrend since it rebounded from the bear market in Q4 2022. The bear market that ended in Q2 2022 was regarded to be a fed-induced low as the interest rates were high during that time. However, since then the S&P 500 has finished higher in seven out of the eight quarters, including four consecutive quarters of growth. Over the last four quarters, the index has returned 36.3%. This figure is significant because such high return rates were last seen when the market was recovering from 2020 COVID-19 lows. READ MORE: 8 Best Video Conferencing Stocks To Buy According to Analysts and 10 Best Internet Retail Stocks to Buy Now There has been significant stimulus for the bull market to continue ranging from the Fed cutting rates to the China stimulus, and an easing economy with strong data points. Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania's Wharton School of Business and WisdomTree chief economist shared his note
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BIIB
News
- Why Biogen Inc. (BIIB) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Biogen Inc. (NASDAQ: BIIB) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Biogen Inc. (NASDAQ: BIIB) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Biogen Inc. (NASDAQ: BIIB) was downgraded by analysts at BMO Capital Markets from an "outperform" rating to a "market perform" rating. They now have a $164.00 price target on the stock, down previously from $230.00.MarketBeat
- Biogen Inc. (NASDAQ: BIIB) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $175.00 price target on the stock.MarketBeat
BIIB
Earnings
- 10/31/24 - Beat
BIIB
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- 12/9/24 - Form 144
- BIIB's page on the SEC website