Regeneron Pharma (REGN) PT Lowered to $320 at Canaccord Genuity

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Novartis' Beovu Label a Positive for Regeneron Pharma (REGN) - BMO

October 8, 2019 12:24 PM EDT

BMO Capital analyst Matthew Luchini reiterated a Market Perform rating and $344.00 price target on Regeneron Pharma (NASDAQ: REGN), saying they were surprised by FDAs approval of Novartis Beovu (brolucizumab) in Wet AMD. However, they believe the label looks worse than expected, a... More