Jefferies Upgrades Regeneron Pharmaceuticals: Here's What You Need To Know

Jefferies upgraded its rating of Regeneron Pharmaceuticals REGN to Hold with a price target of $675.00, changing its price target from $536.00 to $675.00.

Shares of Regeneron Pharmaceuticals are trading up 4.39% over the last 24 hours, at $739.99 per share.

A move to $675.00 would account for a 8.78% decline from the current share price.

About Regeneron Pharmaceuticals

Regeneron Pharmaceuticals discovers, develops, and commercializes products that fight eye disease, cardiovascular disease, cancer, and inflammation. The company has several marketed products, including Eylea, approved for wet age-related macular degeneration and other eye diseases; Praluent for LDL cholesterol lowering; Dupixent in atopic dermatitis, asthma, and nasal polyposis; Libtayo in cutaneous squamous cell carcinoma; and Kevzara in rheumatoid arthritis. Regeneron is also developing monoclonal antibodies with Sanofi in immunology and cancer, and bispecific antibodies and antibody cocktails with other collaborators and independently.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.