Zacks Bull and Bear of the Day Highlights: Regeneron, Sony, RLI Corporation and Huaneng Power.CHICAGO -- Zacks Equity Research highlights Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN) as the Bull of the Day and Sony Corporation (NYSE NYSE See: New York Stock Exchange :SNE SNe Supernovae (astronomy) SNE Sony Corporation (stock symbol) SNE Syndicat National de l'edition (French Publisher's Association) SNE Society for Nutrition Education ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on RLI RLI Realtors Land Institute RLI Reserve Life Index (oil industry) RLI Rhodesian Light Infantry (Rhodesian Army Unit) RLI Retail & Leisure International RLI Resource List Interoperability Corporation (NYSE:RLI) and Huaneng Power (NYSE:HNP HNP Health, Nutrition and Population HNP Herniated Nucleus Pulposus HNP Host Negotiation Protocol HNP Hernia Nuclei Pulposi (Medicine) HNP Herstigte Nasionale Party van Suid-Afrika HNP Herenigde Nasionale Party ). Full analysis of all four stocks is available at http://at.zacks.com/?id=2676. Here is a synopsis of all four stocks: Bull of the Day: Our Bull of the Day recommendation is for Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN), a biopharmaceutical company engaged in the development and marketing of therapeutic medicines for the treatment of serious medical conditions See carpal tunnel syndrome, computer vision syndrome, dry eyes and deep vein thrombosis. . Its lead candidate is VEGF-Trap program for the treatment of cancers, eye diseases and CAPS. It also has a number of pre-clinical drugs for other disorders. The company made impressive progress in recent months in terms of clinical development. We maintain our Buy rating on its shares with a price target of $26. Bear of the Day: Our Bear of the Day recommendation is for Sony Corporation (NYSE:SNE). We believe Sony will continue to struggle for the foreseeable future. The company has been plagued with delays in the launch of its latest video game console A specialized desktop computer used to play video games. The three most popular game consoles are Sony's PlayStation 3 (PS3), Nintendo's GameCube and Microsoft's Xbox. Game software is available on CDs or DVDs, although earlier game machines used cartridges containing read only memory and has lowered net income guidance for fiscal 2007. Over the longer-term, Sony faces increasing competition from low-cost manufacturers in Asia as well as traditional computer companies that have entered the consumer electronics market, such as Apple. We therefore maintain a Sell recommendation on SNE shares with a $35.00 price target. Analyst Blog: On January 23, 2007, RLI Corporation (NYSE:RLI) intends to issue its 4Q06 earnings results. RLI has been one of the most profitable P&C underwriters in the industry, with losses recorded in just three of the last 20 years. However, recently the company reported losses and negative developments of previous reported losses within its property construction business, and these have dampened quarterly results. While we have fine-tuned our earnings expectations, our current price target assumes the company's price-to-book multiple will maintain a premium to the group, we tend to think the shares of RLI are slightly overvalued Overvalued A stock whose current price is not justified by the earnings outlook or price/earnings (P/E) ratio and thus, expected to drop in price. Overvaluation may result from an emotional buying spurt, which inflates the market price of the stock or from a deterioration in a at this point. Therefore, we are maintaining our Hold rating. Huaneng's (NYSE:HNP) net profits for the first three quarters of 2006 increased due to lower coal costs. There are still concerns about utilization rates, variable fuel and transportation costs, future tariff rates and exchange rates. Even so, the following points should keep HNP viable: the growing demand for power in China, its growth and operational strategies, and the company's unique relationship with the Huaneng Group and China's government. The company should remain competitive in the production of power in China, which, in turn, should lead to a higher valuation. Moreover, the company pays generous dividends every year. Therefore, we are maintaining our Buy recommendation on the stock. Get the full analysis of all four stocks by going to http://at.zacks.com/?id=2649. About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. 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