This Is What Whales Are Betting On Novo Nordisk
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Novo Nordisk (NYSE:NVO), with 70% of the investors opening trades with bullish expectations. The whale has been targeting a price range from $80.0 to $125.0 for Novo Nordisk over the last 3 months. The price of NVO is up 1.96% at $102.14. Argus Research downgraded its action to Buy with a price target of $110.
October 13, 2023 | 8:46 pm
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A whale investor has shown bullish sentiment towards Novo Nordisk, with a target price range of $80-$125. The stock price is currently up 1.96% at $102.14.
The bullish sentiment from a whale investor, along with the current upward trend in stock price, indicates a positive short-term impact on Novo Nordisk's stock. However, Argus Research's downgrade to Buy could potentially moderate this impact.
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