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Analysts Offer Insights on Healthcare Companies: Regeneron (REGN) and Biofrontera (BFRI)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Regeneron (REGNResearch Report) and Biofrontera (BFRIResearch Report).

Regeneron (REGN)

RBC Capital analyst Brian Abrahams maintained a Hold rating on Regeneron on July 7 and set a price target of $640.00. The company’s shares closed last Friday at $621.57.

According to TipRanks.com, Abrahams is a 1-star analyst with an average return of -0.6% and a 47.8% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, Karyopharm Therapeutics, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regeneron with a $678.25 average price target.

See today’s best-performing stocks on TipRanks >>

Biofrontera (BFRI)

In a report issued on May 25, Jonathan Aschoff from Roth Capital reiterated a Buy rating on Biofrontera, with a price target of $20.00. The company’s shares closed last Friday at $1.78, close to its 52-week low of $1.75.

According to TipRanks.com, Aschoff is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.2% and a 35.4% success rate. Aschoff covers the Healthcare sector, focusing on stocks such as Ampio Pharmaceuticals, First Wave Bio, and Ocugen.

Currently, the analyst consensus on Biofrontera is a Moderate Buy with an average price target of $15.50, a 770.8% upside from current levels. In a report issued on June 3, Benchmark Co. also reiterated a Buy rating on the stock with a $11.00 price target.

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