BMO Capital Initiates Coverage On Novo Nordisk with Outperform Rating, Announces Price Target of $163
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has initiated coverage on Novo Nordisk (NVO) with an Outperform rating and set a price target of $163.
April 12, 2024 | 9:15 am
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BMO Capital initiated coverage on Novo Nordisk with an Outperform rating and a price target of $163.
The initiation of coverage by BMO Capital with an Outperform rating and a high price target suggests a positive outlook on Novo Nordisk's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100