Deutsche Bank Downgrades Novo Nordisk to Sell Following Earnings Report
Deutsche Bank has downgraded Novo Nordisk shares to a Sell rating after the pharmaceutical giant reported quarterly earnings, citing stretched valuations rather than concerns over its weight-loss drugs. The downgrade contributed to a decline in the company's stock price.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (42/100)Sources
Novo Nordisk Stock Is Downgraded to Sell, and GLP-1s Aren’t the Reason - Barron's
Novo Nordisk Stock Is Downgraded to Sell, and GLP-1s Aren’t the Reason Barron's
Read full article →Ozempic maker Novo Nordisk downgraded to sell after 70% stock-price dive from peak
While Ozempic maker Novo Nordisk has fallen on tough times, Wall Street analysts have still been reluctant to advise investors to sell the stock, until Deutsche Bank lowered the boom on Thursday.
By Steve Goldstein
Read full article →LTC Properties raised to Buy at Deutsche Bank on seniors' housing growth
Read full article →Deutsche Bank cuts Novo Nordisk to Sell after earnings, shares dip
By Investing.com
Read full article →
