Sanofi SA
SAN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|y& | LOCK|dYVPr | LOCK|@t?#!?$ |
Sanofi Earnings: Strong Results Led by Beyfortus and Flu Vaccines; Shares Modestly Cheap
Wide-moat Sanofi reported better-than-expected third-quarter earnings driven by strong performance of the RSV prophylaxis drug Beyfortus and influenza vaccines. We've increased our fair value estimate to EUR 117 and $63 from EUR 113/$61 due to slightly increased forecasts for various drugs, and we currently view the stock as modestly undervalued.
