Wells Fargo Maintains Overweight on NovoCure, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen maintains an Overweight rating on NovoCure (NASDAQ:NVCR) but lowers the price target from $42 to $40.
July 26, 2024 | 12:47 pm
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Wells Fargo analyst Larry Biegelsen maintains an Overweight rating on NovoCure but lowers the price target from $42 to $40.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on NVCR's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100