Cantor Fitzgerald Reiterates Overweight on Novo Nordisk, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Novo Nordisk (NYSE:NVO) and maintained a price target of $160.

April 18, 2024 | 1:59 pm
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Cantor Fitzgerald reaffirms an Overweight rating on Novo Nordisk with a $160 price target.
The reiteration of an Overweight rating and a high price target by a reputable analyst like Louise Chen from Cantor Fitzgerald could positively influence investor sentiment towards Novo Nordisk. This endorsement reaffirms the company's strong position in the market and potential for future growth, likely leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100