Health Care Stocks Finishing Slightly Positive

Health care stocks were slightly higher today, with the NYSE Health Care Index rising over 0.1% while shares of health care companies in the S&P 500 were up almost 0.3% as a group.

In company news, Regeneron Pharmaceuticals (REGN) declined Friday, at one point falling over 3.5% to a session low of $491.87 a share despite analysts at BTIG Research today raising their price target for the drugmaker’s stock by $60 to $540 a share, also reiterating their Buy recommendation. The move follows European regulators earlier this week giving marketing clearance to a combination of Regeneron’s Kevzara and Sanofi’s (SNY) methotrexate medication as a regimen for rheumatoid arthritis.

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