Novo Nordisk Still a Buy, But Patience May Be Needed -- Market Talk

Dow Jones

01-10

1340 GMT - Novo Nordisk is still a buy, but investors might need patience, Deutsche Bank analyst Emmanuel Papadakis writes. Novo Nordisk recently reported disappointing results of a closely watched clinical trial testing an experimental anti-obesity treatment. The bank lowers its share target price to 900 Danish kroner from 1,000 kroner to reflect the recent setback. It keeps its buy rating on the stock. Shares trade 0.7% higher at 634.60 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

January 10, 2025 08:41 ET (13:41 GMT)

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Novo Nordisk recently reported disappointing results of a closely watched clinical trial testing an experimental anti-obesity treatment. The bank lowers its share target price to 900 Danish kroner from 1,000 kroner to reflect the recent setback. It keeps its buy rating on the stock. Shares trade 0.7% higher at 634.60 kroner. 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It keeps its buy rating on the stock. Shares trade 0.7% higher at 634.60 kroner. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 10, 2025 08:41 ET (13:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}