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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