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NEOS Investment Management LLC Boosts Position in Biogen Inc. $BIIB
NEOS Investment Management LLC significantly increased its stake in Biogen Inc. (NASDAQ:BIIB) by 55.7% in the third quarter, holding shares valued at approximately $8.03 million. This increase follows Biogen’s exceeding quarterly earnings expectations with $1.99 EPS and $2.28 billion in revenue, leading to a reaffirmed FY2026 guidance. The stock currently trades around $194, and analysts generally rate it as a “Hold” with an average target price of $205.84, despite mixed institutional investor activity.