Biogen's Trading Volume Surges 88.13% to $240 Million, Ranked 445th in Daily Volume

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 8:01 pm ET1min read
BIIB--

On April 23, 2025, Biogen's trading volume reached $240 million, marking an 88.13% increase from the previous day. This surge placed BiogenBIIB-- at the 445th position in terms of trading volume for the day. However, the stock price of Biogen (BIIB) decreased by 0.61%.

Biogen's stock has been subject to various analyst evaluations over the past three months, with a mix of bullish and bearish perspectives. The company has an average rating of overweight, with a mean price target of $190.44, according to analysts polled by FactSet. This indicates a potential upside for investors considering Biogen's stock.

Goldman Sachs recently adjusted its price target for Biogen, setting it at $197. This adjustment reflects the firm's confidence in the company's future performance and potential for growth. The current share price of Biogen is $118.89, with a 52-week high of $238.00 and a 52-week low of $110.04. These figures provide a range within which Biogen's stock has traded over the past year, offering insights into its volatility and potential for price movements.

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