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Regeneron price target raised to $995 from $975 at Guggenheim

Guggenheim analyst Yatin Suneja raised the firm’s price target on Regeneron (REGN) to $995 from $975 and keeps a Buy rating on the shares after a “strong performance” in Q1. Key upcoming catalysts include fianlimab plus Libtayo Phase 3 data in first-line metastatic melanoma due in Q2, FDA decisions on the Eylea HD pre-filled syringe in Q2 and an FDA decision on cemdisiran in gMG due in Q4, the analyst tells investors.

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