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MRNA - Sanofi Has A Promising Earnings Outlook
December, 08 2020 11:34 AM
Moderna Inc.
Sanofi raised its 2020 EPS guidance for the second time this year, to 7-8% in CER terms. There are multiple medium-term drivers for earnings, including new products, sales growth for existing products and cost savings. Downside risks include growing generic competition and execution risks from further bolt-on acquisitions. Valuations remain undemanding, with the stock trading at 13.5 times its expected 2021 earnings. For further details see:
Sanofi Has A Promising Earnings Outlook
Stock Information
Company Name:
Moderna Inc.
Stock Symbol:
MRNA
Market:
NASDAQ
Website:
modernatx.com
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