Novo Nordisk's Amycretin Data Highly Encouraging -- Market Talk

Dow Jones

2025/01/27

1050 ET - Novo Nordisk's headline phase 1 results for amycretin are highly encouraging, Deutsche Bank analyst Emmanuel Papadakis writes. Amycretin is potentially instrumental to the investment case, and thus the results are a clear minor positive, he adds. Deutsche Bank continues to believe the disappointment over CagriSema's initial headline results is overdone, and hence the subsequent derating is a clear buying opportunity. The bank rates Novo Nordisk at buy with a 900 Danish kroner target price. Shares trade 1.8% lower following Friday's strong rally on the news. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

January 27, 2025 10:50 ET (15:50 GMT)

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Amycretin is potentially instrumental to the investment case, and thus the results are a clear minor positive, he adds. Deutsche Bank continues to believe the disappointment over CagriSema's initial headline results is overdone, and hence the subsequent derating is a clear buying opportunity. The bank rates Novo Nordisk at buy with a 900 Danish kroner target price. Shares trade 1.8% lower following Friday's strong rally on the news. 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Amycretin is potentially instrumental to the investment case, and thus the results are a clear minor positive, he adds. Deutsche Bank continues to believe the disappointment over CagriSema's initial headline results is overdone, and hence the subsequent derating is a clear buying opportunity. The bank rates Novo Nordisk at buy with a 900 Danish kroner target price. Shares trade 1.8% lower following Friday's strong rally on the news. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVO":"诺和诺德"},"translate_title":"诺和诺德的Amycretin数据非常令人鼓舞——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVO":1},"content_text":"1050 ET - Novo Nordisk's headline phase 1 results for amycretin are highly encouraging, Deutsche Bank analyst Emmanuel Papadakis writes. Amycretin is potentially instrumental to the investment case, and thus the results are a clear minor positive, he adds. 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