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Biogen Idec Inc (BIIB) [hlAlert]

Rating:
Overweight
BIIB
up 143.65 %

Biogen Idec Inc (BIIB) rated Overweight with price target $352 by Barclays

Posted on: Friday,  Mar 7, 2014  12:25 PM ET by Barclays

Barclays rated Overweight Biogen Idec Inc (NASDAQ: BIIB) on 03/07/2014. Previously Barclays rated Overweight Biogen Idec Inc (NASDAQ: BIIB) on 04/16/2012.,
when the stock price was $124.97. Since then, Biogen Idec Inc has gained 143.65% as of 01/07/2016's recent price of $304.49.
If you would have followed the previous Barclays's recommendation on BIIB, you would have gained 143.65% of your investment in 1361 days.

Biogen Idec Inc. is engaged in the development, manufacturing, and commercialization of therapies. The Company?s products address diseases such as multiple sclerosis, non-Hodgkin?s lymphoma (NHL), rheumatoid arthritis (RA), crohn?s disease (CD) and psoriasis. The Company has four products: AVONEX (interferon beta-1a), RITUXAN (rituximab), TYSABRI (natalizumab) and FUMADERM (dimethylfumarate and monoethylfumarate salts). AVONEX is used in the treatment of relapsing forms of multiple sclerosis (MS). RITUXAN is one of the selling oncology therapeutics. In the United States, RITUXAN is approved for NHL. TYSABRI is approved for the treatment of relapsing forms of MS. FUMADERM acts as an immunomudulator. The Company also has product candidates, such as BG-12, which is a oral fumarate; ANTI-CD80 monoclonal antibody (MAb)(galiximab); ANTI-CD23 MAb (lumiliximab); Humanized Anti-CD20 MAb (ocrelizumab), Lixivaptan, an oral compound for the potential treatment of hyponatremia, and ADENTRI.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2014 12:25 PM Buy
None
327.00 352.00
as of 10/17/2014
1 Week down  -2.67 %
1 Month down  -6.37 %
3 Months up  2.47 %
1 YTD up  9.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2014 1:25 PM Buy
None
291.01 325.00
10/29/2013 1:25 PM Buy
None
253.59 262.00
7/17/2013 3:25 PM Buy
None
224.71 240.00
4/26/2013 1:25 PM Buy
None
214.07 220.00
4/15/2013 2:25 PM Buy
None
201.86 210.00
2/7/2013 1:25 PM Buy
None
159.32 180.00
1/25/2013 2:25 PM Buy
None
146.14 150.00
4/16/2012 1:25 PM Buy
None
124.97 140.00

(*) Stock Price at the time of the recommendation.
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