Breaking News Instant updates and real-time market news.

BIIB

Biogen

$226.71

-93.76 (-29.26%)

06:53
03/22/19
03/22
06:53
03/22/19
06:53

UBS downgrades Biogen to Neutral, cuts target to $242 from $395

UBS analyst Carter Gould downgraded Biogen to Neutral from Buy and lowered his price target for the shares to $242 from $395. The failure of aducanumab leaves Biogen with a lack of visibility around a path back to sales growth, Gould tells investors in a research note. As a result, the threats to Tecfidera intellectual property beyond 2020 and competition to Spinraza "should dominate the narrative over the near-term," says the analyst.

  • 25

    Mar

  • 24

    Apr

  • 30

    Apr

  • 01

    May

BIIB Biogen
$226.71

-93.76 (-29.26%)

03/21/19
SBSH
03/21/19
DOWNGRADE
SBSH
Neutral
Biogen downgraded to Neutral from Buy at Citi
03/22/19
SBSH
03/22/19
DOWNGRADE
Target $230
SBSH
Neutral
Citi downgrades Biogen to Neutral, questions strategy and growth ability
Citi analyst Robyn Karnauskas late yesterday afternoon downgraded Biogen to Neutral from Buy and lowered her price target for the shares to $230 from $470. The stock closed yesterday down 29%, or $93.71, to $226.88. The failure in Alzheimer's disease raises questions about Biogen's strategy and its ability to grow, Karnauskas told investors in a research note. The analyst is concerned with the company's overall strategy, including recent commentary whereby management noted that it believes in sustainability without Alzheimer's and doesn't need acquisitions, ongoing multiple sclerosis headwinds and spinal muscular atrophy competitive erosion with oral pill in adults. Further, investors are going to be critical of Biogen for not laying out its plan for interim analysis, says Karnauskas. The company's refusal to comment on an interim after mentioning it one to two years ago was not in the best interest of shareholders, the analyst contends.
03/22/19
MSCO
03/22/19
DOWNGRADE
MSCO
Underweight
Biogen downgraded to Underweight from Overweight at Morgan Stanley
03/22/19
UBSW
03/22/19
DOWNGRADE
UBSW
Neutral
Biogen downgraded to Neutral from Buy at UBS
UBS analyst Carter Gould downgraded Biogen to Neutral from Buy.

TODAY'S FREE FLY STORIES

SPY

SPDR S&P 500 ETF Trust

$299.62

-1.32 (-0.44%)

, SPX

S&P 500

$0.00

(0.00%)

14:27
09/18/19
09/18
14:27
09/18/19
14:27
General news
Trump says Powell and Federal Reserve 'fail again' »

President Donald Trump…

SPY

SPDR S&P 500 ETF Trust

$299.62

-1.32 (-0.44%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FOXA

Fox Corp.

$32.43

-0.42 (-1.28%)

14:25
09/18/19
09/18
14:25
09/18/19
14:25
Options
21st Century Fox call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Sep

14:25
09/18/19
09/18
14:25
09/18/19
14:25
General news
FX Action: The dollar »

FX Action: The dollar…

14:25
09/18/19
09/18
14:25
09/18/19
14:25
General news
More from the FOMC: the Fed continues to see a strong labor market »

More from the FOMC: the…

14:25
09/18/19
09/18
14:25
09/18/19
14:25
Conference/Events
Federal Reserve Chairman to hold a press briefing »

Federal Reserve Chairman…

DXC

DXC Technology

$31.79

-0.58 (-1.79%)

14:24
09/18/19
09/18
14:24
09/18/19
14:24
Rumors
Rumor moving shares of DXC Technology »

Rumor: DXC Technology…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GM

General Motors

$38.20

-0.08 (-0.21%)

14:22
09/18/19
09/18
14:22
09/18/19
14:22
Periodicals
GM to temporarily lay off 1,200 workers at Oshawa plant, Reuters reports »

General Motors said it…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TMUS

T-Mobile

$79.93

-0.28 (-0.35%)

, S

Sprint

$6.73

-0.06 (-0.88%)

14:22
09/18/19
09/18
14:22
09/18/19
14:22
Hot Stocks
Pennsylvania joining multistate lawsuit to block T-Mobile, Sprint merger »

New York Attorney General…

TMUS

T-Mobile

$79.93

-0.28 (-0.35%)

S

Sprint

$6.73

-0.06 (-0.88%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Sep

  • 26

    Sep

NGG

National Grid

$52.87

0.47 (0.90%)

14:21
09/18/19
09/18
14:21
09/18/19
14:21
Hot Stocks
National Grid names Gregory Knight Chief Customer Officer »

National Grid named…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Sep

CF

CF Industries

$50.80

0.21 (0.42%)

14:21
09/18/19
09/18
14:21
09/18/19
14:21
Downgrade
CF Industries rating change  »

CF Industries downgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Sep

  • 13

    Nov

NFLX

Netflix

$289.26

-9.33 (-3.12%)

14:20
09/18/19
09/18
14:20
09/18/19
14:20
Periodicals
Netflix plans filmmaker bonus for successful movies, Bloomberg reports »

Netflix intends to pay…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Sep

  • 16

    Oct

14:20
09/18/19
09/18
14:20
09/18/19
14:20
General news
FOMC eased 25 bps, lowering the funds rate band to 1.75% - 2.00% »

FOMC eased 25 bps,…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
09/18/19
09/18
14:17
09/18/19
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CYRX

Cryoport

$17.71

-0.04 (-0.23%)

, NVS

Novartis

$86.35

-0.22 (-0.25%)

14:17
09/18/19
09/18
14:17
09/18/19
14:17
Hot Stocks
Cryoport CEO expects no contract interruption with Novartis, Gilead »

Cryoport (CYRX) provides…

CYRX

Cryoport

$17.71

-0.04 (-0.23%)

NVS

Novartis

$86.35

-0.22 (-0.25%)

GILD

Gilead

$65.37

-0.8 (-1.21%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Sep

  • 18

    Sep

  • 19

    Sep

  • 23

    Sep

  • 24

    Sep

  • 25

    Sep

  • 27

    Sep

DRI

Darden

$127.15

1.06 (0.84%)

14:16
09/18/19
09/18
14:16
09/18/19
14:16
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Sep

  • 19

    Sep

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
09/18/19
09/18
14:16
09/18/19
14:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

USAT

USA Technologies

$7.36

-0.23 (-3.03%)

14:15
09/18/19
09/18
14:15
09/18/19
14:15
Options
USA Technologies put volume heavy and directionally bearish »

Bearish flow noted in USA…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

14:15
09/18/19
09/18
14:15
09/18/19
14:15
General news
Breaking General news story  »

Fed Chair Press…

NLSN

Nielsen

$22.49

-0.09 (-0.40%)

14:14
09/18/19
09/18
14:14
09/18/19
14:14
Hot Stocks
Nielsen announces alliance with OpenSlate, takes minority stake »

Nielsen announced it has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDR

McDermott

$3.50

-2.38 (-40.48%)

14:12
09/18/19
09/18
14:12
09/18/19
14:12
Hot Stocks
McDermott down 55% to $2.66 as shares continue to be volatile »

McDermott International…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Sep

ORCL

Oracle

$52.22

-0.65 (-1.23%)

, BOX

Box

$17.23

-0.54 (-3.04%)

14:07
09/18/19
09/18
14:07
09/18/19
14:07
Hot Stocks
Oracle announces collaboration with Box at Openworld »

At Oracle Openworld, the…

ORCL

Oracle

$52.22

-0.65 (-1.23%)

BOX

Box

$17.23

-0.54 (-3.04%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Sep

  • 19

    Sep

  • 15

    Oct

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

14:05
09/18/19
09/18
14:05
09/18/19
14:05
General news
Three Fed members voted against today's 25 point cut »

Voting for the…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$300.00

-0.94 (-0.31%)

, SPX

S&P 500

$0.00

(0.00%)

14:04
09/18/19
09/18
14:04
09/18/19
14:04
General news
Fed projections see 1.9% Federal funds rate to end year »

The economic projections…

SPY

SPDR S&P 500 ETF Trust

$300.00

-0.94 (-0.31%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.94

-1 (-0.33%)

14:02
09/18/19
09/18
14:02
09/18/19
14:02
General news
Fed says economic activity rising at 'moderate rate' »

The Federal Reserve said…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$299.94

-1 (-0.33%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

14:02
09/18/19
09/18
14:02
09/18/19
14:02
General news
FOMC Meeting Announcement Federal Funds Rate data reported »

FOMC Meeting Announcement…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.