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Cowen & Co. Sticks to Their Hold Rating for Regeneron (REGN)


In a report released today, Phil Nadeau from Cowen & Co. maintained a Hold rating on Regeneron (REGN), with a price target of $385. The company’s shares opened today at $396.63, close to its 52-week high of $416.49.

According to TipRanks.com, Nadeau is a 4-star analyst with an average return of 3.5% and a 41.6% success rate. Nadeau covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals Inc, Rocket Pharmaceuticals Inc, and Rhythm Pharmaceuticals Inc.

Regeneron has an analyst consensus of Moderate Buy, with a price target consensus of $416.08.

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The company has a one-year high of $416.49 and a one-year low of $281.89. Currently, Regeneron has an average volume of 766.2K.

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Regeneron Pharmaceuticals, Inc. engages in the discovery, invention, development, manufacture, and commercialization of medicines for the treatment of serious diseases. It products include the following brands: EYLEA, Dupixent, Praluent, Kevzara, ARCALYST, and ZALTRAP. The company was founded by Alferd G. Gilman, Leonard S. Schleifer, and Eric M. Shooter on January 8, 1988 and is headquartered in Tarrytown, NY.

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