Guggenheim Maintains Buy on Regeneron Pharmaceuticals, Lowers Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Yatin Suneja has maintained a 'Buy' rating on Regeneron Pharmaceuticals (NASDAQ:REGN) but lowered the price target from $935 to $900.
July 17, 2023 | 4:14 pm
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Regeneron Pharmaceuticals' price target has been lowered from $935 to $900 by Guggenheim, though the 'Buy' rating is maintained.
The news is directly about Regeneron Pharmaceuticals and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to short-term uncertainty in the stock price.
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IMPORTANCE 80
RELEVANCE 100