Barclays analyst Emily Field upgraded Sanofi to Overweight from Equal Weight with a price target of EUR 115, up from EUR 90. The analyst thinks Sanofi’s improving earnings trajectory, bolstered by Dupixent’s chronic obstructive pulmonary disease data, makes it the "value" name of choice for fiscal 2023. "In this market, defense wins championships," writes the firm.
Published first on TheFly
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