Alert: Rating Upgrade (5/31/24)-Sanofi (NASDAQ: SNY).

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Stock Rating Upgrade

In recent days the Value Trend Rating for Sanofi (NASDAQ: SNY) improved from D to C reflecting improving fundamentals and high Appreciation Potential.

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Recent Price Action

Sanofi (NASDAQ: SNY) stock closed at $49.03 on 5/31/24 after a large increase of 2.5%. This advance was accompanied by normal trading volume. The stock has declined -2.6% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, SNY is expected to continue to be a major Value Builder.

Sanofi has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Sanofi has a slightly positive Appreciation Score of 68 but a poor Power Rating of 24, resulting in the Low Neutral Value Trend Rating.

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