Evercore ISI Group Maintains In-Line on NovoCure, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for NovoCure (NASDAQ:NVCR) but has lowered its price target from $21 to $18.

October 01, 2024 | 4:55 pm
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Evercore ISI Group has maintained an 'In-Line' rating for NovoCure but has lowered its price target from $21 to $18, indicating a less optimistic outlook.
The lowering of the price target by Evercore ISI Group suggests a less optimistic view on NovoCure's future performance, which could lead to short-term downward pressure on the stock price. The 'In-Line' rating indicates that the stock is expected to perform in line with the market, but the reduced price target reflects potential challenges or lower growth expectations.
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IMPORTANCE 80
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