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Biotech / Medical : Biogen -- Ignore unavailable to you. Want to Upgrade?


To: DubM who wrote (592)1/29/1998 8:46:00 PM
From: PuddleGlum  Read Replies (2) | Respond to of 1686
 
Dub-
The strong buy is probably the result of the stock breaking through $40 in what appears to be a sustainable rally. 40 was resistance, now we hope it will provide support.

Steve



To: DubM who wrote (592)1/29/1998 10:40:00 PM
From: Purebull  Read Replies (1) | Respond to of 1686
 
Here is the H&Q upgrade news. If this shows up several times, I'm sorry but have tried a few times to load and it hasn't loaded. It may all of a sudden come up 3 times. Purebull

Biogen -2: H&Q Cites Improved Growth Of Avonex

NEW YORK (Dow Jones)--Hambrecht & Quist Inc. upgraded Biogen Inc. (BGEN) to strong buy from buy.

In a research note, the firm said the upgrade is based on improved growth of Biogen's Avonex product.

Hambrecht & Quist raised its 1999 earnings estimate to $2.22 a share from $2. The 1998 projection remains at $1.75 a share.

"Dow Jones News Service"
"Copyright(c) 1998, Dow Jones & Company, Inc."