Biogen: The Turnaround Is Real Enough To Buy (Rating Upgrade)
Biogen Inc. (BIIB) has been upgraded to a 'Buy' rating as the company executes a strategic turnaround, with recent acquisitions and pipeline advancements offsetting erosion in its multiple sclerosis portfolio. The Q2 financial report highlighted a 3% year-over-year revenue growth, driven by contributions from Apellis,...