TD Cowen Reiterates Hold Rating on Organon & Co. (OGN)

TD Cowen analyst Steve Scala reiterated a Hold rating and $27.00 price target on Organon & Co. (NYSE: OGN).

The analyst commented, "OGN has balanced strengths and risks. Strengths include a differentiated strategy and an experienced management team. Risks include modest existing growth prospects, which necessitate successful BD to deliver on aspirational goals, and prospects largely dependent on one drug (Nexplanon; U.S. patent exp 2027 pending 5-year contraception data)."

For an analyst ratings summary and ratings history on Organon & Co. click here. For more ratings news on Organon & Co. click here.

Shares of Organon & Co. closed at $18.29 yesterday.

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