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Regeneron Q2 2019 earnings exceeded estimates, leading to multiple price target increases from analysts.
Regeneron Pharmaceuticals (NASDAQ: REGN) has received multiple price target increases from various analysts, including Royal Bank of Canada ($1,240), Barclays ($1,220), Cantor Fitzgerald ($1,000), and Truist Financial ($1,200).
The company reported Q2 2019 earnings of $11.56 EPS, exceeding analysts' estimates by $2.63, and has a consensus rating of Moderate Buy and an average price target of $1,097.05.
Regeneron's quarterly revenue increased by 12.3% compared to the previous year.
9 months ago
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