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Sanofi: Credit Suisse still rates 'Outperform'

( - Credit Suisse reiterates its "outperform" rating on the Sanofi share, along with its target price of 105 euros, following an oncology R&D conference by the French healthcare giant at ASCO 2020.

"Sanofi remains a top pick in the sector based on current low valuation and an expected improvement in returns as new management focusses both R&D and marketing resources better," the broker says.

It adds that "Growth from both Dupixent and vaccines over the next few years should give management time to effect that transition".

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