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Regeneron's stock target was lowered by JPMorgan, despite the company beating Q4 earnings estimates.
Regeneron Pharmaceuticals (NASDAQ: REGN) saw JPMorgan lower its price target from $1,100 to $1,000, while maintaining an overweight rating.
The company reported a Q4 EPS of $12.07, beating estimates by $0.86.
With a market cap of $68.39 billion and a PE ratio of 16.34, Regeneron, known for its EYLEA injection, has a consensus target price of $966.88 and an average rating of "Moderate Buy."
Leerink Partnrs recently lowered its Q1 EPS estimate to $7.07 but kept a "Strong-Buy" rating.
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El objetivo de acciones de Regeneron fue reducido por JPMorgan, a pesar de que la compañía superó las estimaciones de ganancias del Q4.