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Stock impact report

Sanofi: A Leader In Life-Saving Vaccines And Treatments [Seeking Alpha]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Seeking Alpha
On May 20, 2024, SNY announced additional results from a Phase 3 clinical trial that demonstrated Dupixent's greater efficacy in COPD treatment relative to my expectations. Dupixent sales amounted to 2.84 billion euros in the first three months of 2024, up 22.4% year-on-year. The French pharmaceutical company has a strong balance sheet, a dividend yield of 4.21%, and has been showing steady year-on-year revenue growth. Thus, I'm initiating coverage of Sanofi with a"buy" rating. Sanofi ( NASDAQ: SNY OTCPK:SNYNF ) is one of the largest pharmaceutical companies in Europe, with a leading position in the global anti-inflammatory therapeutics market. Investment thesis Wall Street's indifference to France's largest pharmaceutical company is reflected in its share price continuing Recommended For You Recommended For You About SNY Stock Show less Read more
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