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Biogen and AbbVie Get Double Upgrades From Wolfe Research. Are They a Buy Now?

By Trader Edge at 2026-10-03 11:34

Sentiment: Positive

TLDR Wolfe Research upgraded both Biogen and AbbVie to Outperform, setting a $300 price target for each Biogen’s late-stage pipeline drugs litifilimab and felzartamab were flagged as key growth assets AbbVie’s patent on Rinvoq was pushed out to 2037, removing a major near-term patent cliff concern AbbVie posted Q2 revenue of $16.99 billion, up 10.2% [...] The post Biogen and AbbVie Get Double Upgrades From Wolfe Research. Are They a Buy Now? appeared first on CoinCentral. Continue reading...

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