Credit Suisse Group set a CHF 88 target price on Novartis (VTX:NOVN) in a report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also commented on the company. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a research report on Tuesday, July 16th. Barclays lifted their target price on from $65.00 to $100.00 and gave the stock an overweight rating in a research report on Friday. UBS Group reiterated a neutral rating on shares of CAIXABANK/ADR in a research report on Thursday. Kepler Capital Markets set a €160.00 ($186.05) target price on Pfeiffer Vacuum Technology and gave the stock a buy rating in a research report on Tuesday, May 21st. Finally, HSBC set a €101.00 ($117.44) target price on Grenke and gave the stock a buy rating in a research report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of CHF 88.64.
Novartis has a 12 month low of CHF 72.45 and a 12 month high of CHF 88.30.
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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