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AlphaValue/Baader Europe: Novo Nordisk's New Obesity Drug Holds Promise Despite Disappointing Late-Stage Data
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NVO Stock Plunges as Obesity Drug CagriSema Misses Target in Phase III
BMO Capital has lowered the Target Price for Novo-Nordisk A/S to $105.
Gelonghui December 23 | BMO Capital: Downgraded the Target Price of Novo-Nordisk A/S from $156 to $105, maintaining an 'outperform market' rating. (Gelonghui)
Major Bank Rating | TD Cowen: Downgraded Novo-Nordisk A/S Target Price to $105, maintaining "Buy" rating.
On December 23, Glory Holdings reported that TD Cowen has lowered the Target Price for Novo-Nordisk A/S from $155 to $105, maintaining a Buy rating. TD Cowen pointed out that despite the trial results of CagriSema being below expectations, Novo-Nordisk A/S has a strong market position due to its main drugs, the potential of the new CagriSema trials, and a vibrant product line. (Glory Holdings)