JPMorgan analyst Chris Schott upgraded Regeneron to Overweight from Neutral with an $850 price target ahead of a number of important catalysts he expects in 2023. He remains above consensus and sees upside to Street estimates for Dupixent, while he sees 8mg Eylea as a " best in class therapy" that can meaningfully extend Regeneron’s U.S. AMD franchise, Schott tells investors.
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