A number of other research firms have also recently issued reports on NOVN. Deutsche Bank AG set a CHF 81 price objective on Novartis AG and gave the company a neutral rating in a research report on Wednesday, July 19th. HSBC Holdings plc set a CHF 90 price objective on Novartis AG and gave the company a buy rating in a research report on Tuesday, September 19th. Baader Bank set a CHF 90 price objective on Novartis AG and gave the company a buy rating in a research report on Tuesday, October 24th. UBS AG set a CHF 76 price objective on Novartis AG and gave the company a neutral rating in a research report on Tuesday, July 18th. Finally, Sanford C. Bernstein set a CHF 94 price objective on Novartis AG and gave the company a buy rating in a research report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of CHF 86.10.
Novartis AG (NOVN) traded down CHF 0.15 during mid-day trading on Tuesday, reaching CHF 81.65. The company’s stock had a trading volume of 3,540,000 shares, compared to its average volume of 4,030,000. Novartis AG has a 12-month low of CHF 67.80 and a 12-month high of CHF 85.40.
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Novartis AG Company Profile
Novan, Inc, a clinical-stage drug development company, focuses on the development and commercialization of nitric oxide-based therapies in dermatology. Its lead product candidate is SB204, a cosmetically elegant topical gel that targets multiple mechanisms of action for the treatment of acne vulgaris.
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