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Regeneron price target raised to $960 from $880 at TD Cowen

TD Cowen analyst Tyler Van Buren raised the firm’s price target on Regeneron (REGN) to $960 from $880 and keeps a Buy rating on the shares. The firm updated its model ahead of Q1 results and they slightly decreased Eylea and Libtayo estimates and increased Dupi estimate, bringing non-GAAP EPS estimate for Q1 up to $9.30.

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