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Regeneron price target lowered to $1,126 from $1,137 at Truist

Truist lowered the firm’s price target on Regeneron (REGN) to $1,126 from $1,137 and keeps a Buy rating on the shares after its Q3 results. Investor focus has been on Eylea and Eylea HD conversion, but the firm maintains that Regeneron’s broad pipeline across oncology, internal/genetic medicines, I&I and ophthalmology remains overlooked, the analyst tells investors in a research note.

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