Deutsche Bank set a CHF 90 target price on Novartis (VTX:NOVN) in a report issued on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
NOVN has been the topic of several other research reports. Barclays reaffirmed a buy rating and set a $417.00 target price on shares of Boeing in a report on Monday, April 8th. Jefferies Financial Group increased their target price on shares of Nice to $166.00 and gave the company a buy rating in a report on Thursday, May 16th. HSBC set a €101.00 ($117.44) target price on shares of Grenke and gave the company a buy rating in a report on Thursday, April 25th. Credit Suisse Group reduced their target price on shares of FOX from $51.00 to $45.00 and set an outperform rating on the stock in a report on Monday, June 3rd. Finally, Goldman Sachs Group began coverage on shares of Enbridge in a report on Thursday. They set a neutral rating on the stock. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of CHF 88.64.
Novartis has a twelve month low of CHF 72.45 and a twelve month high of CHF 88.30.
Novartis Company Profile
Novan, Inc, a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage product candidates include SB204, a topical monotherapy that is in Phase III pivotal clinical trials for the treatment of acne vulgaris; and SB206, a topical antiviral gel, which is in Phase III pivotal trials for the treatment of patients with external genital warts, and Phase II clinical trial for the treatment of molluscum contagiosum.
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