Vetr Thinks Regeneron Is Looking Healthy

On Friday, the Vetr crowd upgraded their rating of Regeneron Pharmaceuticals Inc REGN from 4 stars (buy), issued two days ago, to 4.5 stars (strong buy). Expectation for the stock is high with 83 percent of user ratings bullish.

After hitting a peak of $444.52 last week, Regeneron shares closed last week out a little lower at $397.48. This following a sizeable drop in healthcare stock at the start of Tuesday’s session, which saw a 5 percent fall and a 7 percent drop for Valeant Pharmaceuticals Intl Inc VRX.

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The Vetr crowd has Regeneron’s average target price at $461.47, which is below the average analyst price of $471.38. Less than 2 percent of Vetr users are holding REGN in their watch lists.