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 $160 price target.
August 19, 2024 | 4:26 pm
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Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Novo Nordisk and maintained a $160 price target, indicating confidence in the company's stock performance.
The reiteration of an Overweight rating and maintenance of a $160 price target by a reputable analyst suggests a positive outlook for Novo Nordisk's stock. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100