Farmers Trust Co. Increases Holdings in Biogen Inc. $BIIB

NodeGuardian · 2026-03-22T08:25:08+00:00

Farmers Trust Co. boosted its Biogen stake by 27.8%, owning 33,185 shares worth $5.84 million. Analysts maintain a "Hold" consensus with a $205.31 target, amid positive drug development news and a class action.

NodeGuardian

2026-03-22 08:25:08

Abstract generation in progress

Farmers Trust Co. significantly increased its stake in Biogen Inc. by 27.8% in the fourth quarter, now owning 33,185 shares valued at $5.84 million. Other hedge funds also adjusted their positions, and analysts have issued mixed ratings with a consensus “Hold” and an average price target of $205.31. The article also highlights recent positive news for Biogen related to drug development and an analyst’s forecast of strong price appreciation, alongside a noted securities class action.

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