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Regeneron price target raised to $1,250 from $1,124 at UBS

UBS analyst Trung Huynh raised the firm’s price target on Regeneron to $1,250 from $1,124 and keeps a Buy rating on the shares as part of a Q2 earnings preview for the U.S. pharmaceuticals group. The firm is 2% higher than consensus on Regeneron’s Q2 sales due to higher Dupixent expectations. It expects Eylea HD performance will remain a focus for investors, along with recent obesity data.

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