Guggenheim has increased its price target for Regeneron Pharmaceuticals (NASDAQ:REGN) to $975.00 from $865.00, maintaining a “buy” rating and suggesting a potential upside of nearly 25%. This adjustment follows Regeneron’s better-than-expected Q4 earnings, where the company reported EPS of $11.44 and revenue of $3.88 billion, surpassing analyst estimates. The biotech firm currently holds a “Moderate Buy” consensus rating from analysts, with a collective price target of $793.81.
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Regeneron Pharmaceuticals (NASDAQ:REGN) Given New $975.00 Price Target at Guggenheim
Guggenheim has increased its price target for Regeneron Pharmaceuticals (NASDAQ:REGN) to $975.00 from $865.00, maintaining a “buy” rating and suggesting a potential upside of nearly 25%. This adjustment follows Regeneron’s better-than-expected Q4 earnings, where the company reported EPS of $11.44 and revenue of $3.88 billion, surpassing analyst estimates. The biotech firm currently holds a “Moderate Buy” consensus rating from analysts, with a collective price target of $793.81.