After Business Korea reported that Samsung is in talks to buy Biogen's stake, or part of it, in the companies' Samsung Bioepis joint venture, Mizuho analyst Salim Syed estimated that such a renegotiation could represent as much as $11-$20, or 4-8%, upside for Biogen shares if the article's numbers are accurate. Syed maintains a Buy rating and $433 price target on Biogen shares.
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