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Regeneron target raised to $400 by Barclays on 1Q, launch strength

May 6, 2017

Barclays raised its price target on Regeneron Pharma (NASDAQ: REGN) to $400.00 (from $375.00) while maintaining a Equalweight rating, following the company’s first quarter earnings report.

Analyst Geoff Meachem notes the company produced revenues above consensus, but missed on earnings per share print, as investors focus on the strong Dupixent launch.

http://bit.ly/2pfEXKj

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