Truist Securities Maintains Buy on Regeneron Pharmaceuticals, Lowers Price Target to $1137
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Regeneron Pharmaceuticals but lowered the price target from $1200 to $1137.

October 16, 2024 | 2:42 pm
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Truist Securities has maintained a Buy rating on Regeneron Pharmaceuticals but lowered the price target from $1200 to $1137.
The analyst's decision to maintain a Buy rating suggests continued confidence in Regeneron's performance, but the lowered price target indicates a more conservative outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100