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Actionable news in BIIB: Biogen Idec Inc.,

Biogen: Now That’s More Like It!

Yesterday, shares of Biogen (BIIB) finished lower on the day despite the fact that it reported Street-beating earnings. Today, they're gaining what they should have yesterday after Goldman Sachs upgraded Biogen to Buy from Neutral.

While Biogen's earnings yesterday were solid, investors appeared to be concerned about its plans to buy back fewer shares and invest more in the company.