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Fly News Breaks for November 19, 2018
NVS
Nov 19, 2018 | 05:56 EDT
Goldman Sachs analyst Katherine Alexakis Friday evening upgraded Novartis to Buy from Neutral and added the shares to her firm's Conviction List. The analyst believes Novartis is entering a period of sustained sales growth, driven by a "reinvigorated" pharma business, recently launched products and late-stage pipeline assets. Alexakis sees a "more focused company with higher returns and growth, meriting a premium valuation to large-cap EU pharma."
News For NVS From the Last 2 Days
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Apr 24, 2024 | 07:26 EDT
TD Cowen analyst Yaron Werber raised the firm's price target on BeiGene (BGNE) to $236 from $235 and keeps a Buy rating on the shares. The firm updated its model to reflect lower collaborative revenue given termination of Novartis (NVS) agreement for tisle in Sep 2023.
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