Novartis (NVS) Tops Q3 EPS by 4c

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Barclays Downgrades Novartis (NVS) to Underweight

October 25, 2017 1:39 AM EDT

Barclays downgraded Novartis (NYSE: NVS) from Equalweight to Underweight.

Analyst Emmanuel Papadakis believes the underlying business is running well but suspects Street expectations for Entresto are too high while competitive risks are increasing with Cosentyx. The analyst sees limited catalysts beyond... More