Roth Capital analyst Joseph Pantginis believes Regeneron's (REGN) latest collaboration with Sanofi (SNY) will renew speculation that Sanofi will ultimately purchase Regeneron outright. The third major collaboration between the companies for immuno-oncology assets is "another impressive deal" for Regeneron's discovery platform, Pantginis tells investors in a research note. He keeps a Neutral rating on the stock with a $495 price target. Shares of Regeneron are up $14.46 to $554.49 in pre-open trading.
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