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Novo Nordisk (NVO) Stock: Bernstein Sees 33% Downside as Lilly Pressure Builds

By Trader Edge at 2026-10-04 00:04

Sentiment: Negative

TLDR Bernstein maintained its “underperform” rating on NVO with a price target of 203 Danish kroner, implying 33% downside from the August 7 close of 305.10 kroner. The brokerage cut its 2026-2031 EPS forecasts by up to 15% below consensus, citing worsening U.S. market share losses to Eli Lilly. Bernstein expects Lilly’s Foundayo to take [...] The post Novo Nordisk (NVO) Stock: Bernstein Sees 33% Downside as Lilly Pressure Builds appeared first on CoinCentral. Continue reading...

Categories: Stocks

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